2 Aug 2025
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### **A Brief Overview of the XRP Token**

XRP is a digital asset designed for fast, low-cost international payments and is the native currency of the **XRP Ledger (XRPL)**. Its primary function is to serve as a bridge currency, allowing financial institutions and payment providers to execute cross-border transactions in just a few seconds and at a minimal cost. This aims to overcome the inefficiencies of traditional banking, which can be slow and expensive.

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