XRP Touted as 'Gold With Internet Speed' by Vet
XRP has been described as 'gold with internet speed' by Vet, a contributor to the XRP Ledger Foundation and co-founder of XRP Café.
Vet points out that gold is accepted everywhere, but its usefulness breaks down when trying to move it across borders or verify its authenticity.
XRP retains the core properties of gold, such as decentralization and universal trust, but settles transactions in seconds, making it a more practical choice for global value transfer.
Vet explains that XRP's built-in auto bridging feature connects different currencies based on their available liquidity, using XRP as the connecting asset.