$XRP #BTCvsETH The *XRP* currency is the original digital currency of the *Ripple* network, and it is primarily used to facilitate *international financial transfers* quickly and at low cost.

✳️ Basic Information:

- *Symbol*: XRP

- *Developer*: Ripple Labs

- *Purpose*: Facilitate cross-border money transfers between banks

- *Speed*: Transactions are completed in less than 5 seconds

- *Fees*: Very low

- *Maximum Supply*: 100 billion XRP

- *Verification Method*: Consensus Protocol, not Proof of Work or Stake

💡 Uses of XRP:

- Transferring money through banks and payment companies.

- Reducing dependence on the SWIFT system.

- Providing instant liquidity in global transfers.

⚖️ Legal Controversy:

- Ripple has been subjected to a lawsuit from the *U.S. SEC* regarding the classification of XRP as securities.

- Partial rulings in favor of Ripple have restored investor confidence.

📊 Its Status:

- It is considered one of the *largest cryptocurrencies by market capitalization*.

- It is supported by banks and financial institutions in Asia, Europe, and Latin America.