#XRPETFIncoming؟ XRP is a digital asset developed by Ripple Labs to facilitate fast and cost-effective cross-border transactions. Unlike Bitcoin, it doesn’t rely on mining but uses a consensus ledger for validation, making transactions nearly instant (3-5 seconds) and inexpensive. XRP is highly scalable, processing up to 1,500 transactions per second. It is primarily used by banks and financial institutions for global payments and remittances. With its focus on efficiency and interoperability, XRP aims to revolutionize traditional financial systems. However, it has faced regulatory scrutiny, particularly from the U.S. SEC, affecting its adoption and market performance.