#BTCvsMarkets

XRP is a digital currency belonging to Ripple, designed to facilitate instant international payments at a low cost. It is based on the XRP Ledger technology, a decentralized blockchain network known for its speed and efficiency compared to Bitcoin and Ethereum. XRP is used as a liquidity bridge in financial transfers between banks, reducing the need for traditional correspondent accounts. Despite its popularity, XRP faces legal challenges, most notably a case with the U.S. Securities and Exchange Commission (SEC) regarding its classification as a security. Nevertheless, XRP remains among the largest digital currencies by market capitalization, and is used by many financial institutions to enhance payment systems.