XRP Logo

XRP XRP

€2.84

-0.71% (24h)

Marketcap

€163,286,190,691

Volume 24h

€7,164,281,977


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Description

XRP is the native cryptocurrency of the Ripple network, a digital payment protocol that enables fast, low-cost international money transfers. Created in 2012 by Ripple Labs, XRP is designed to bridge different fiat currencies, providing liquidity and facilitating cross-border transactions. Unlike Bitcoin, XRP is not mined; instead, all 100 billion XRP tokens were pre-mined at launch, and Ripple Labs controls a significant portion of the supply. XRP aims to become a global standard for financial institutions and payment providers.