XRP is the Ripple network's native currency -- built to facilitate transactions on the Ripple network. XRP is a centralized currency that allows anyone around the globe to send funds worldwide within seconds. XRP runs on a ledger managed by a network of independently validating servers that compare transaction records. These servers could belong to anyone, including banks and market makers. XRP is one of the most well known and most widely traded digital assets in the world.
XRP was created for users to send money anywhere in the world, with a focus on cross-currency payments. Learn more about the history of Ripple and the asset XRP. Visit our What is XRP page to learn more.