What does XRP stand for in trading?

I'm curious about the acronym "XRP" that's often mentioned in the world of cryptocurrency trading. Could you please elaborate on what it stands for and its significance in the trading landscape? XRP seems to be a popular digital asset, but I'm unclear on its origins and purpose. Understanding its underlying principles and how it fits into the broader cryptocurrency ecosystem would be greatly appreciated. Your insights into this matter would be invaluable for those of us who are seeking clarity in this rapidly evolving field.