Crypto Coins – XRP (Ripple)

Introduction

XRP is a fast, low-cost cryptocurrency designed for, and acting as the native token of, the decentralized XRP Ledger (XRPL). Primarily used for instant cross-border payments, it enables financial institutions to settle transactions in 3-5 seconds without pre-funded accounts. While often associated with the company Ripple, the ledger is open-source and operates independently.

What is a ledger?

What is a cryptocurrency?

What is a native token?

What is a cross-border payment?

What is a financial institution?

What is open-source?

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