✅ Brief History of XRP
XRP is the cryptocurrency of the company Ripple, created in 2012 for fast international transfers. Unlike Bitcoin, XRP coins are not mined — all 100 billion were issued at once.
💸 The main feature of XRP is transactions in 3-5 seconds with minimal fees. Ripple actively collaborates with banks, simplifying cross-border payments.
⚖️ In 2020, Ripple faced a lawsuit from the SEC, which severely impacted the price. However, in 2023, the company won the lawsuit partially, and interest in XRP returned.
Today, XRP is one of the key tokens with real applications in the financial world.