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what is xrp

what is xrp coin

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what is xrp , Xrp is a cryptocurrency that was created with the intention of being used as a means of payment. It is based on the Ripple protocol, which allows for fast and efficient transactions. Xrp is one of the most popular cryptocurrencies, and is currently ranked 3rd in terms of market capitalization.

what is xrp

what is xrp

XRP is a digital asset built for payments. It is the native cryptocurrency of the Ripple Network, which is a real-time gross settlement system (RTGS), currency exchange and remittance network. XRP can be sent directly without the need for a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently. XRP also has a very low price volatility compared to other cryptocurrencies, making it an ideal currency for financial institutions and corporations who require a stable currency for cross-border payments

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