XRP is a cryptocurrency that's part of the Ripple Protocol, an open-source protocol developed by Ripple Labs. It's designed to improve the efficiency of cross-border payments, particularly in the banking sector ¹. XRP is the native digital currency on the XRP Ledger, a distributed ledger that can settle transactions in just 3 to 5 seconds ¹.$XRP

*Key Features of XRP:*

- _Fast Transactions_: XRP transactions are processed in seconds, making it ideal for international payments ¹.

- _Low Costs_: Transaction fees are fractions of a penny, making it an attractive option for businesses and individuals alike ¹.

- _Decentralized Exchange_: XRP has a built-in decentralized exchange, allowing for seamless currency exchange ².

- _Payment Channels_: XRP enables batched micropayments with unlimited speed, secured by the XRP Ledger ².

*What Makes XRP Unique?*

XRP's main purpose is to act as a mediator for currency exchange, allowing for quick and efficient transactions between different currencies ¹. Its ability to be exchanged for any currency or valuable with a unified minimal commission is a significant advantage ¹.

*XRP Supply and Security:*

The total supply of XRP is 100 billion tokens, with approximately 45