What is Ripple (XRP)?

Generally, Ripple is a networking company that released XRP as its native cryptocurrency. Since then, it has grown exponentially to be the third-largest digital currency in terms of market capitalization.

What is XRP (XRP)?

Ripple is a real-time, cryptocurrency gross-settlement system, currency exchange and remittance network created by Ripple Labs Inc, a US-based technology company. The company then created the XRP cryptocurrency, which it describes as a “digital asset built for global payments”.

What is XRP token?

XRP token is the name of the Ripple’s native currency facilitating global transactions via its payment network. What is Ripple currency? Ripple’s own currency is named XRP and is used for the real-time settlement of payments.

What is the XRP Ledger?

The XRP Ledger serves as the rails on which the decentralized XRP cryptocurrency runs. Distinct from the XRP asset, the Ripple transaction protocol, known as RTXP, was officially launched in 2012, and that was followed shortly by a rebranding of the company (originally known as OpenCoin) to Ripple Labs in 2013.