What Is XRP? XRP is a digital asset that’s native to the XRP Ledger—an open-source, permissionless and decentralized blockchain technology.

XRP Created in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds. It was built to be a better Bitcoin—faster, cheaper and greener than any other digital asset.

XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently. It is freely exchanged on the open market and used in the real world for enabling cross-border payments and micro transactions.

Ripple v/s XRP Ripple is a technology company that makes it easier to build a high-performance, global payments business. XRP is a digital asset independent of this.

What Wallets Support XRP? There are two types of digital wallets: hardware and software.

What Exchanges Support XRP? Exchanges are where people trade currencies. XRP is traded on more than 100 markets and exchanges worldwide.