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XRP XRP |
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£2.21 |
-1.55% (24h) |
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Marketcap |
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£131,378,557,819 |
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Volume 24h |
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£3,844,239,277 |
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.