#XRPETF XRP is a digital asset and cryptocurrency created by Ripple Labs to facilitate fast, low-cost international payments. Unlike Bitcoin, XRP is not mined; instead, it was pre-mined with a total supply of 100 billion coins. XRP’s main use is to act as a bridge currency in cross-border transactions, helping financial institutions transfer value quickly and efficiently. Its consensus protocol enables faster transaction times, often settling in just seconds. Ripple’s partnerships with major banks and financial entities have positioned XRP as a key player in the evolving global payment system. XRP aims to make money transfers as seamless as sending an email.