XRP is a cryptocurrency token designed to simplify and reduce the cost of international transfers. It operates on the XRP Ledger platform, enabling transactions to be completed within seconds with minimal fees. The primary purpose of XRP is to provide instant liquidity for financial institutions and facilitate seamless currency exchange.

Ripple, the company behind XRP, actively collaborates with banks and payment systems worldwide. Despite regulatory disputes, the token remains in demand in the financial sector due to its speed, reliability, and energy efficiency.

XRP represents a step toward modernizing global finance.