Ripple is a blockchain-based digital payment network and protocol that facilitates fast, secure, and low-cost global financial transactions. It utilizes the XRP cryptocurrency as a medium of exchange, enabling instant and cost-effective cross-border payments, currency exchange, and remittances. Ripple's technology is designed to address the inefficiencies and high fees associated with traditional payment systems, making it a popular choice for businesses and financial institutions seeking seamless and cost-efficient payment solutions.
Updated: 16/10/2024
*Info/text is generated by artificial intelligence and may not be accurate.
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