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XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.

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Ripple and XRP are often used interchangeably. Technically speaking Ripple is the network and XRP is the coin or token on that network- yet XRP is often referred to as ripple. This is not entirely correct, but in general this does not cause any confusion. Ripple has a steady position in the top five crypto projects with the highest market capitalisation. In that sense, ripple is quite successful!

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency called XRP (ripples).

Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally

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