$XRP XRP, created by Ripple Labs, is a digital asset designed for fast, low-cost cross-border payments. Unlike Bitcoin, XRP transactions settle in seconds, making it ideal for financial institutions. Ripple's partnerships with banks and payment providers strengthen its real-world utility. However, XRP has faced legal challenges, particularly its lawsuit with the SEC over whether it qualifies as a security. Despite this, XRP remains a top cryptocurrency by market capitalization. If regulatory clarity improves, XRP could see wider adoption, including potential ETF approval. Its speed, scalability, and use case in global payments make it a unique player in the crypto space.