XRP has been recently rebranded as a platform standing separately from Ripple that now solely functions as a technology provider. All transactions in the XRP Ledger are powered by the XRP coin. XRP is designed to be a mediator during the exchange processes in both cryptocurrencies and regular (fiat) money. For example, if you want to exchange EUR to USD, Ripple becomes both EUR and USD. On the XRP Ledger, such a transaction costs $0.00001, and this amount is non-replenishable, i.e. with every single transaction made via the XRP Ledger, the world loses $0.00001. For that reason, spamming becomes senseless.
he existence of working contracts with many banking institutions, for example, the National Bank of the UAE. Work on increasing the functions available to customers, which makes the system more user-friendly and interesting for investors. Recently, the possibility of exchanging XRP for precious metals... Read more
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