XRP Stays Focused on Cross-Border Payments Amid Industry Shifts

XRP has been around since 2012 and has survived multiple market cycles. Unlike many other cryptocurrencies, XRP remains focused on its original purpose: facilitating cross-border payments between financial networks.

The XRP Ledger uses a unique consensus model, where independent validators verify transactions instead of mining or staking. This design choice allows the network to settle transactions quickly, typically within three to five seconds.

XRP has a fixed supply of 100 billion tokens, which is another key aspect that separates it from other cryptocurrencies. Ripple builds payment technology, while XRP is the native asset of the open-source XRP Ledger.