What Is Ripple Coin (xrp)? May 2026

XRP is a digital currency designed to facilitate fast, low-cost global financial transactions. Launched in 2012, it is the native asset of the , an open-source, decentralized blockchain. Key Characteristics

: It uses a Federated Consensus mechanism rather than energy-intensive "Proof-of-Work," making it significantly more eco-friendly than Bitcoin. WHAT IS RIPPLE COIN (XRP)?

: Transactions typically settle in 3 to 5 seconds with fees costing a fraction of a cent (averaging $0.0002 ). XRP is a digital currency designed to facilitate