Before introducing Ripple or XRP, we must first know about the terminologies related to it. Ripple is the company that created the cryptocurrency XRP, and it runs on the platform called RippleNet. XRP is created as a fast and affordable payment option compared to other digital assets available in the market. Through XRP, transactions can be completed in just 3-5 seconds, and this makes it a valuable cryptocurrency in terms of quick payments and transactions.
XRP was created in 2012 and has been a strong competitor in the crypto space. Many people benefit from the platform’s speed and security, making it a well-loved token, especially in modern times.
This cryptocurrency has experienced continuous growth in the past years, thanks also to its efficient nature. For people who desire lightning-fast transactions, Ripple is the perfect platform. There is no need to wait long when using Ripple, and this makes it a well-loved token.