$XRP Ripple (XRP) is a cryptocurrency created by Ripple Labs in 2012, aimed at optimizing cross-border payments, increasing transaction speed, and reducing costs. Unlike decentralized cryptocurrencies like Bitcoin, XRP uses a centralized ledger (XRP Ledger) managed by validating nodes, with transaction confirmation times of only about 3-5 seconds and fees as low as 0.00001 XRP. The original intention of XRP is to provide efficient payment solutions for banks and financial institutions, and it has collaborated with several global financial giants, such as American Express and Santander Bank. In March 2025, after the U.S. included it in its strategic crypto reserves, the price of XRP soared and its market capitalization rose to the top five. Despite facing an SEC lawsuit (2020-2023, now settled), its market recognition continues to rise. The current circulating supply is about 56 billion coins, with a total supply of 100 billion coins, uniquely positioned but still controversial, especially regarding its level of decentralization and regulatory compliance.