What is Ripple (XRP)?
Updated Short read Digital Assets
Contents
Max Supply : 100,000,000,000 XRP
Circulating Assets : 58,444,738,299 XRP
Whitepaper : https://ripple.com/files/ripple_consensus_whitepaper.pdf
Website : https://xrpl.org/
Definition of Ripple is a technology company that works as a cross-border money transfer network and serves the transaction needs of the financial services industry, and is centralized. Built by Ripple Labs Inc. in 2012, Ripple acts as a global payment platform with an open source protocol called the Ripple Protocol.
XRP is a digital asset created by Ripple Labs that is on the XRP Ledger and can process transactions in 3-5 seconds. The XRP Ledger itself is a decentralized open-source blockchain network that can be used by anyone. This digital asset acts as a "bridge" between various currencies transferred on the Ripple network.
XRP is also one of the digital assets that can be purchased or traded on crypto exchanges, one of which is on the digitalexchange.id market, which can be used as an investment instrument.
Data taken from https://coinmarketcap.com/ on April 29, 2025.
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