#xrpetf $XRP XRP is a digital asset and cryptocurrency created by Ripple Labs, primarily designed to facilitate fast, low-cost international money transfers. Unlike many cryptocurrencies that rely on traditional mining, XRP uses a consensus algorithm to validate transactions, making it more energy-efficient. It aims to improve the efficiency of cross-border payments by providing liquidity and reducing the time and fees involved in currency conversion. XRP is often seen as a bridge currency, connecting different fiat currencies in financial transactions, which has led to its adoption by various financial institutions and payment providers globally.