About Ripple

The XRP Ledger is a digital currency exchange platform that facilitates quick and efficient transfer of money and information. It functions similarly to the SWIFT system used by banks for international transfers, acting as a digital hawala service—transferring value without physical movement of cash. Using blockchain technology, XRP ensures transactions are settled within seconds with minimal fees, offering an improvement over traditional banking methods. The platform's native cryptocurrency, XRP, enables fast currency conversions and acts as a bridge across various fiat currencies, cryptocurrencies, and commodities. Operating on an open-source, decentralized peer-to-peer network, XRP allows anyone or any business to register as a gateway to connect with different currencies, such as USD, ...