XRP is a digital asset and cryptocurrency that is closely associated with Ripple. It is designed to facilitate fast and low-cost international money transfers, offering near-instant transaction settlement compared to traditional banking systems. XRP operates on a decentralized ledger and is known for its rapid transaction processing capabilities, making it suitable for real-time applications and cross-border payments.

Global crypto funds see record $2.9 billion in weekly outflows ahead of Trump's reserve announcement
March 3, 2025, 5:42AM EST • Macro







