A Digital Asset Built for Global Payments
XRP offers financial institutions the fastest, lowest cost option for sourcing liquidity in cross-border payments.
How Is XRP Used?
Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space.
RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital.
This same technology is also leveraged in use cases for micropayments, e-commerce, exchanges and peer-to-peer services. XRP and the XRP Ledger are open-source technology that anyone can build on. To get started, learn more at XRPL.org.
Payments moving across the XRP Ledger settle in 4 seconds.
XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.*
*Source: 65,000+ transactions per second, as of July 15, 2019
Open-source technology, built on the principles of blockchain with a growing set of validators.
XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.