$XRP The crypto pair XRP attracts the attention of traders for its transaction speed and its utility in cross-border transfers. Unlike many other cryptocurrencies, XRP does not rely on a traditional blockchain but on a distributed ledger called the XRP Ledger, allowing for nearly instant transactions with minimal fees. Primarily used by the fintech Ripple, XRP serves as a bridge between traditional currencies, facilitating rapid exchanges between banks and financial institutions. Despite regulatory challenges, particularly in the United States, the XRP/USD pair remains highly liquid and popular on trading platforms. It is often considered a speculative tool for the short term, but also as a strategic asset for large-scale money transfers.