$XRP /USDT on the Binance exchange, showing the current price of $XRP , along with 24-hour high, low, and trading volumes.
Here's information about XRP:
What is XRP?
XRP is a digital asset native to the XRP Ledger, an open-source, decentralized blockchain technology designed for payments. It was created in 2012 by Ripple Labs.
Purpose:
XRP is primarily used for fast, low-cost cross-border payments and microtransactions, acting as a bridge currency between different fiat currencies.
Transaction Speed & Cost:
Transactions on the XRP Ledger settle in 3-5 seconds and incur very low fees, often fractions of a cent.
Supply:
Unlike many cryptocurrencies that are mined, the total supply of 100 billion XRP coins was created at once.
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