XRP overview

XRP is the asset of the XRP Ledger (XRPL) blockchain. Throughout the crypto industry, participants sometimes refer to the XRP coin as Ripple, or they may see XRP and Ripple (the company) as the same thing. According to Ripple, XRP and its underlying XRPL blockchain are separate from the technology company — which is focused on improving the payments landscape worldwide. Ripple does, however, utilize XRP and the XRPL in some of its solutions.

XRP is a borderless coin running on the open-source XRP Ledger blockchain. The asset was constructed as a solution to improve payments across the world. Companies or platforms can incorporate the asset into their processes or use the coin by itself, while individuals can also send and receive XRP.

Ripple uses XRP as part of its On-Demand Liquidity (ODL) solution (a component of its RippleNet ecosystem) to connect dissimilar assets. This essentially makes it possible for entities to transact across borders, with each involved party receiving its native currency.

Cointelegraph’s XRP Price Index shows XRP’s price live today, as well as its price history and other data.