$XRP
XRP is a digital asset used for fast and low-cost international money transfers. Created by Ripple Labs, it facilitates real-time cross-border payments between financial institutions. Unlike Bitcoin, XRP does not rely on mining; instead, transactions are validated through a consensus protocol, making it more energy-efficient and scalable. Ripple's technology aims to revolutionize traditional banking by providing a seamless bridge between fiat currencies. XRP can settle transactions in seconds, with minimal fees. Despite regulatory challenges, particularly in the U.S., XRP remains one of the top cryptocurrencies by market capitalization, and it continues to gain traction among banks and payment providers globally.
Would you like this in a more technical or simplified format?
