Ripple (XRP)

Ripple (XRP) is a digital currency designed to facilitate fast, low-cost international money transfers. It operates on the Ripple network, a blockchain-like system that allows banks and financial institutions to send money across borders quickly and securely. Unlike traditional methods, XRP transactions settle in seconds with minimal fees, making cross-border payments more efficient. Ripple aims to improve global financial infrastructure by providing a decentralized, scalable solution that bridges different currencies and payment systems seamlessly.