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. While XRP and Ripple are intrinsically linked, it’s important to note that they operate as two distinct entities. Ripple is a fintech company that builds global payment solutions while XRP is an independent digital asset that can be used for microtransactions, remittance and online payments.
