XRP vs XLM: What are the key differences?

Target Audience:

- XRP is designed for banks and financial institutions, optimizing international payments through RippleNet.

- XLM is aimed at individuals, providing access to cheap and fast transfers, especially in developing countries.

Decentralization:

- XRP is often criticized for its centralization due to Ripple Labs' control over the escrow reserves (38 billion XRP remain in escrow).

- XLM uses a decentralized consensus protocol (SCP) and supports an open ecosystem.

Which project resonates more with you? Share in the comments!