What is XRP (XRP)?

XRP is a cryptocurrency and the native token used by Ripple. Like other cryptocurrencies in the marketplace, XRP has a currency code similar to Ethereum’s Ether (ETH) . In 2012, the team behind Ripple launched the XRP ledger, which included XRP, which would serve as the native token.

What is Ripple XRP?

XRP is the native cryptocurrency on the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization. Deposit $100 and get a $10 bonus! (US Only) What Is Ripple? Ripple is the company behind XRP, and it’s a payment settlement system and currency exchange network that can process transactions globally.

Who invented XRP?

In 2012 David Schwartz, Jed McCaleb, and Arthur Britto launched the XRP Ledger, with its native currency XRP. In September that year, along with Chris Larsen, they founded the company that is today known as Ripple. The XRPL architects gifted 80 billion XRP to Ripple so that the company could build use cases around the digital asset.

What is the XRP Ledger?

In 2011, McCaleb, David Schwartz, and Arthur Britto started developing the XRP ledger as a recourse to the inherent limitations of Bitcoin. In 2012, when the XRP ledger was launched, it incorporated the native token XRP to aid its function.