$XRP

XRP is the digital currency used in the Ripple network, which aims to improve the speed and efficiency of cross-border money transfers. It was developed to be a faster and less expensive alternative to traditional money transfer systems.

**XRP features include:**

1. **Transaction speed**: Transactions can be processed in seconds, compared to hours or days in traditional systems.

2. **Low costs**: Transaction fees are very low, making it economical for large transfers.

3. **Scalability**: The network supports a large volume of transactions, making it suitable for widespread use.

4. **Focus on banks and financial institutions**: The Ripple network primarily targets financial institutions and banks to speed up and enhance the efficiency of cross-border money transfers.

XRP seeks to improve the efficiency of the global financial system by providing a fast and secure means of payment.