Who owns lots of XRP?

Ripple Labs stands as the innovator behind XRP, holding a substantial majority of shares in this digital token. The company has carved a niche for itself in the realm of real-time payment solutions.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of its clients. Among its offerings are spot trading, futures trading, and a secure digital wallet. These services provide users with a convenient and secure platform for buying, selling, and storing digital assets.

At the heart of Ripple Labs' operations lies RippleNet, a groundbreaking technology that has garnered significant attention from numerous institutions worldwide. This advanced platform facilitates seamless cross-border payment transactions.

RippleNet's appeal stems from its ability to offer a more efficient and cost-effective alternative to traditional payment methods. By leveraging blockchain technology, it ensures that transactions are processed swiftly and securely.

The adoption of RippleNet by various institutions underscores its potential to revolutionize the global payment landscape. By enabling institutions to conduct transactions in real-time, it eliminates the delays and high fees associated with traditional banking systems.