$$XRP XRP is a digital currency developed by Ripple Labs to facilitate fast, low-cost international money transfers. Unlike Bitcoin, which uses proof-of-work, XRP operates on a consensus ledger maintained by a network of validators, enabling transactions to settle in seconds. XRP is primarily used by financial institutions to provide liquidity for cross-border payments and to bridge different fiat currencies. Its supply is capped at 100 billion coins, with a significant portion held by Ripple. XRP aims to improve the efficiency of the traditional banking system, and despite regulatory challenges, it remains one of the top cryptocurrencies in global market capitalization.