#CryptoRegulation XRP is a cryptocurrency developed by Ripple Labs aimed at facilitating fast and low-cost international payments. Unlike other cryptocurrencies, XRP does not use mining; all of its coins were issued at the beginning. Its technology allows transactions in seconds and with minimal fees, making it attractive to banks and financial institutions. XRP seeks to be an efficient alternative to the SWIFT system. However, it has faced legal challenges, especially with the SEC in the U.S., which has affected its adoption and price. Despite this, it remains one of the most well-known cryptocurrencies in the market.