01
XRP
XRP is the native digital asset of the XRP Ledger.
Archive active · Module 01
Start with XRP.
Before the treasuries, the institutions and the archive, there is one asset and one network. This is the shortest honest explanation of both.
XRP is the asset.
XRPL is the network.
Those two sentences carry most of the confusion in this ecosystem. Keep them separate and everything after this page becomes easier to read.
Ten cards
THE BASICS
02
Fast settlement
XRPL was designed for rapid transaction settlement.
03
Low cost
XRPL transactions are designed to be inexpensive.
04
No mining
XRPL uses a validator-based consensus system rather than proof-of-work mining.
05
Global transfer
XRP can be transferred across the XRP Ledger.
06
Liquidity
XRP can function as liquidity between different currencies and assets.
07
Payments
XRP has historically been positioned as an asset useful for global value transfer.
08
DeFi
The XRP ecosystem has expanded beyond payments into decentralized finance.
09
Tokenization
The XRP Ledger supports tokenized assets.
10
Stablecoins
Stablecoins can operate within the XRPL ecosystem.