$XRP
XRP is a cryptocurrency developed by Ripple Labs, designed to facilitate fast, secure, and low-cost cross-border payments. It operates on the XRP Ledger network, a decentralized open-source system that records transactions on a distributed ledger, verified by independent nodes. Unlike Bitcoin, XRP does not rely on mining but rather on an efficient consensus mechanism. Its main goal is to optimize liquidity in international transfers, reducing time and fees compared to traditional systems like SWIFT. XRP is used by financial institutions and individuals, promoting interoperability and global financial inclusion.