$XRP

XRP is a digital currency developed by Ripple Labs Inc., a technology company focused on global payment systems. XRP is designed to facilitate fast, cheap, and efficient cross-border transactions, unlike traditional banking systems that can take days and incur high costs. One of the main advantages of XRP is its transaction speed—transaction confirmations typically take only a few seconds. Ripple uses a distributed ledger called the XRP Ledger (XRPL), which does not use a proof-of-work mechanism like Bitcoin, making it more environmentally friendly and energy-efficient. XRP is often used by financial institutions for on-demand liquidity, enabling transfers