XRP is the native digital asset on the XRP Ledger (XRPL) blockchain, originally built for payment purposes. XRP primarily facilitates transactions on the network and bridges various currencies on the native DEX of the XRP Ledger. XRP is the native digital asset of the XRP Ledger—a technology that is open-source, permissionless, and decentralized. XRP, created in 2012 specifically for payment purposes, can settle various transactions on the ledger in 3-5 seconds using a network of trusted validators to verify transactions on the ledger. XRP can be sent directly without the need for a central intermediary, making it a practical instrument for quickly and efficiently bridging two different currencies. XRP is freely traded on the open market and used in real life to facilitate cross-border payments and microtransactions. XRP can also be used to exchange various currencies and access crypto liquidity.#xrp $XRP
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