Company Overview (XRP):-
XRP is a digital currency that was created in 2012. It is known as Ripple’s crypto token because it is what allows the company to execute its mission. Today, millions of people use XRP to move money around the world with low fees and in a matter of seconds.
It is a cryptocurrency, which means it’s a digital asset designed to work as a medium of exchange. There are a lot of cryptocurrencies out there, and most of them can be used to buy goods and services. XRP is similar to other cryptocurrencies in this respect.
Products and Services provided by Ripple:-
Ripple provides several products and services to financial institutions all over the world. One of the company’s most essential products is its XRP cryptocurrency.
At its core, Ripple is a financial technology company. It makes products and services that let people transfer money securely and efficiently. Its products are used by financial institutions worldwide, and they allow them to send money overseas with minimal fees. Over the past few years, Ripple has expanded its product line to offer financial products to users. Most people associate Ripple with its cryptocurrency, XRP. But Ripple’s product line also includes XRP Gateway. This platform allows financial institutions to offer xRapid, which uses XRP to give financial institutions better access to foreign currencies. Ripple also offers xCurrent, which provides banks with a software solution for settling cross-border payments.
