XRP, created by Ripple Labs in 2012, aims to facilitate fast, cost-effective cross-border payments. Unlike Bitcoin, it doesn't rely on mining. Ripple's unique consensus algorithm ensures transactions are quick and secure, making XRP widely used for global payments.
Ripple has partnered with several financial institutions globally to facilitate cross-border payments using XRP. Notable examples include Santander, American Express, and SBI Holdings. These partnerships leverage Ripple's technology, including XRP, to enhance the speed and reduce the cost of international transactions.
Dont see the low price but see the mission.
