XRP is a cryptocurrency and blockchain platform that's been making waves in the crypto space. It's known for its fast and low-cost transactions, making it a popular choice for cross-border payments and other financial applications ¹. The XRP Ledger, which is the blockchain technology behind XRP, was launched in 2021 and has been operating reliably for over a decade, with over 70 million ledgers closed ¹ ².$XRP

*Key Features of XRP:*

- _Fast Transactions_: XRP transactions are settled in just 3-5 seconds, making it one of the fastest cryptocurrencies out there ¹.

- _Low Costs_: Transaction fees are incredibly low, at just $0.0002 ¹.

- _Scalability_: The XRP Ledger can handle up to 1,500 transactions per second ¹.

- _Decentralized Exchange_: XRP has a built-in decentralized exchange (DEX) that allows for peer-to-peer transactions ².

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