XRP is the native digital asset on the XRP Ledger (XRPL) blockchain, originally created for payments.
XRP is primarily used to facilitate transactions on the network and to bridge different currencies on the native DEX of the XRP Ledger. XRP is a native digital asset of the XRP Ledger — an open-source, permissionless, and decentralized blockchain technology.
Created in 2012 specifically for payments, XRP can settle 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 convenient instrument for quickly and efficiently connecting (bridging) two different currencies.
It is freely traded on the open market and used in the real world for international payments and microtransactions. XRP can also be used to exchange different currencies and access crypto liquidity.
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