xrp coin?
While Ripple is a real-time gross settlement system, it also supports fiat money, crypto money, commodity exchanges and money transfers. The cryptocurrency is 'Ripples', its abbreviation is XRP.
Ripple was founded by the company Ripple, but can operate independently of the company with its distributed ledger. Used by companies such as UniCredit, UBS and Santander, Ripple is used as the primary settlement infrastructure technology by banks and payment networks, thanks to the speed of payments within the network, the stability of the technology and the ability to use its currency as a bridge currency.
Ripple had 100 billion XRP at its inception, which is the limit of the currency according to the protocol rules. Of the 100 billion created, 20 billion XRP was kept by the creators and the remaining 80% was given to Ripple Labs for sale.
