XRP: The Bridge Currency
XRP is the native token of the XRP ledger, an open-source blockchain. It was created in 2011 by Chris Larsen and Jed McCaleb, the co-founders of Ripple.
XRP is designed to act as a bridge currency, facilitating cross-border transactions and enabling the creation of a global payment network. XRP's unique value proposition is its ability to enable fast, cheap, and secure transactions between banks and other financial institutions.