$XRP

XRP is a digital currency developed by Ripple Labs, designed to enable fast and cost-effective international money transfers. Unlike many cryptocurrencies, XRP doesn't rely on mining; instead, it uses a consensus ledger and a network of validators to confirm transactions quickly, typically within seconds. It aims to provide liquidity for financial institutions, making cross-border payments more efficient and scalable. XRP can be used as a bridge currency in currency exchanges and is integrated into RippleNet, Ripple’s global payments network. Despite legal challenges, including a notable case with the SEC, XRP remains one of the top digital assets in market capitalization and utility.