![](/images/crypto/xrp.png)
Ripple XRP
standardized id:
ripple-xrp
Asset valuation (marketcap): $27,996,018,559
Ownerships:
Supply:
- circulating @ 51678187732
- Form: tokens
- Price: $ 1.103
What is the Ripple XRP asset token:
Ripple (XRP) is the native digital asset of the XRP Ledger, a decentralized, open-source blockchain technology that enables fast and low-cost cross-border transactions. XRP serves as a bridge currency, facilitating value transfers between different fiat and digital currencies. It is designed for high scalability and throughput, with transaction confirmation times of just a few seconds. XRP is widely adopted by financial institutions and payment providers for its speed, efficiency, and cost-saving benefits in the remittance and settlement industries.