Ripple (XRP) , launched in 2012, is a digital payment protocol and cryptocurrency designed to facilitate fast, low-cost, and secure cross-border transactions. Unlike many other cryptocurrencies, Ripple focuses on providing a seamless solution for banks, financial institutions, and individuals to transfer money globally. Its native cryptocurrency, XRP , acts as a bridge currency to enable instant and affordable conversions between fiat currencies and other digital assets. Ripple has positioned itself as a leader in the realm of global payments, challenging traditional systems like SWIFT with its innovative technology.
Key Features of Ripple (XRP):
