$XRP

XRP Token Introduction

XRP is a digital currency issued by Ripple Labs, primarily used for cross-border payments and fund transfers. Compared to traditional banking systems, XRP transactions are fast and low-cost, typically completed within 3-5 seconds. RippleNet adopts a unique consensus mechanism (XRP Ledger), avoiding the high energy consumption issues of Bitcoin. XRP has attracted the attention of global financial institutions and can be used for real-time settlement and liquidity management. Despite facing regulatory challenges, XRP remains an important asset in the payment and fintech sectors.