#XRPETF XRP is a digital currency developed by Ripple Labs. This cryptocurrency is used for fast and low-cost international transactions. The primary goal of XRP is to facilitate the transfer of funds for banks and financial institutions. It is based on blockchain technology but is more scalable compared to regular cryptocurrencies. XRP transactions are completed in a few seconds and the fees are very low. Ripple has partnered with many banks and financial institutions around the world. The use of XRP is rapidly increasing.