Cryptocurrency Q&A Who is XRP backed by?

Who is XRP backed by?

charlotte_anderson_explorer Fri Dec 06 2024 | 6 answers 1234

XRP is backed by Ripple Labs, a technology company focused on providing fast, secure, and low-cost cross-border payment solutions utilizing blockchain technology. Ripple Labs holds a significant portion of XRP and actively promotes its use and adoption by financial institutions for improving the efficiency and cost-effectiveness of global payments. Who is XRP backed by?

Who is XRP backed by?

xrp backed by who

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