$XRP is the native token of the XRP Ledger, developed by Ripple Labs. XRP’s primary purpose is to enable fast, low-cost cross-border payments and liquidity solutions for banks, financial institutions, and individuals, making it one of the leading digital assets in the global payment ecosystem.
XRP has a total supply of 100 billion tokens, with a significant portion held by Ripple for ecosystem growth and strategic partnerships, while the remainder is gradually released into circulation. This controlled distribution ensures liquidity while maintaining scarcity for long-term value.
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