Cryptocurrency Q&A
What is XRP Ripple?
What is XRP Ripple?
Moonshadow
Sun Nov 03 2024
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6 answers
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XRP, also known as Ripple, is a cryptocurrency and the native token of the Ripple payment protocol. It's designed for fast, secure, and low-cost global payments, aiming to compete with traditional remittance systems like SWIFT. Ripple has a total supply of 100 billion XRP, with a portion in circulation and the rest held for various purposes such as market stability and future development.
6 answers
Michele
Tue Nov 05 2024
A key component of Ripple's ecosystem is XRP, its native cryptocurrency.
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SeoulSoul
Tue Nov 05 2024
XRP serves as a bridge currency, enabling swift and cost-effective international money transfers.
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Chiara
Tue Nov 05 2024
Ripple represents a groundbreaking advancement in digital payment systems.
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Valentina
Tue Nov 05 2024
It was founded in 2012 by two visionary entrepreneurs, Chris Larsen and Jed McCaleb.
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CryptoEmpireGuard
Tue Nov 05 2024
By leveraging the power of blockchain technology, Ripple offers an alternative to traditional banking methods.
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