#XRP

Does rates have anything to do with the payment system adopted by the XRP currency?

Yes, it has something to do with the payment system adopted by the XRP currency. XRP is the currency that operates on the digital payment platform known as RippleNet. The RippleNet platform aims to enable instant cross-border financial transactions in real time. Although XRP is the base cryptocurrency for XRP Ledger, you can use any currency to make transactions on the platform. The XRP Ledger is an open source distributed database and is not built

On blockchain technology.

In addition, Ripple operates the RippleNet platform. It is important to understand that RippleNet is a Real Time Gross Settlement (RTGS) system that aims to enable instant financial transactions on a global level. Ripple is responsible for managing... And developed by RippleNet