XRP, the native cryptocurrency of the Ripple network, has emerged as a significant player in the world of digital assets since its inception in 2012. Designed to facilitate seamless, low-cost international money transfers, XRP aims to address some of the shortcomings of traditional banking systems. With its unique approach and innovative technology, XRP has caught the attention of financial institutions and individual investors. At its core, Ripple seeks to revolutionize the way money is transferred across borders. Traditional remittance methods often involve complex procedures that result in delays and high transaction fees. XRP seeks to simplify this process by offering near-instant cross-border transactions with minimal costs. This capability is particularly valuable in a global economy where businesses and individuals increasingly require efficient and timely payment solutions.