$BTC XRP is a cryptocurrency created by Ripple Labs Inc., a company founded in 2012 by Chris Larsen and Jed McCaleb. Ripple was initially conceived as a payment system and currency exchange network to facilitate cross-border transactions quickly and efficiently.

The idea behind XRP was to solve the liquidity and speed problems faced by banks and financial institutions when making international transfers. Unlike Bitcoin, which operates on a decentralized network, XRP relies on a consensus between predefined nodes, allowing transactions to be confirmed within a few seconds.

In 2013, Ripple Labs launched the Ripple protocol and the XRP cryptocurrency. Since then, it has gained popularity among banks and payment service providers, many of which have begun using Ripple technology to improve their transaction systems.

Over the years, XRP has evolved and been integrated into various payment platforms, establishing itself as one of the leading cryptocurrencies in terms of market capitalization. Its goal remains to provide an efficient and low-cost payment solution for international transactions.

Another Firm Seeks SEC Approval for Spot XRP ETF XRPXRP 9h ago by cryptodnes.bg

Canary Capital has submitted a proposal to the SEC for a spot XRP ETF, aiming to offer investors exposure to the cryptocurrency without directly buying it. #TopCoinsSeptember $USDC $XRP