XRP, the crypto
XRP is a digital asset designed to be used as a bridge currency in cross-border transactions on the Ripple payment protocol.
The main point of XRP is to provide a faster, cheaper, and more reliable way for financial institutions and individuals to send and receive money across borders using Ripple's network.
XRP tries to solve the problem of slow and expensive cross-border payments by enabling near-instant settlement and significantly reducing fees compared to traditional payment methods.
We used an AI to answer three questions about XRP, so take this info with a grain of salt.