XRP
Payments and asset transfers.
XRP is the native asset of the XRP Ledger, a public network used for payments and other asset transactions.
What is XRP?
The XRP Ledger is a public blockchain, and XRP is its native asset. The ledger supports payments and other asset activity. XRP, the network, and the company Ripple are related names, but they do not describe the same thing.
Holding XRP is different from owning shares in Ripple. Confirm the destination and any required account details before sending assets.
Why people pay attention
Public transactions
The network records transfers in a shared ledger.
Payments
The ledger supports direct and cross-currency payment functions.
Asset activity
It also includes tools for issuing and exchanging assets.
Origins & development
David Schwartz, Jed McCaleb, and Arthur Britto began developing the XRP Ledger in 2011. It launched in June 2012; the company now called Ripple was formed later that year.
Explore more
Related stories and learning resources will be added after editorial review.
Sources & further reading
Draft — editorial review pending