In the context of digital currencies, what distinguishes XRP from Ripple?

3 answers

• Dec 17, 2021 · 3 years ago
  XRP and Ripple are often used interchangeably, but they are actually two different things. XRP is the digital currency that is used on the Ripple network. It serves as a bridge currency for facilitating cross-border transactions. Ripple, on the other hand, is the technology company that created the Ripple network. So, while XRP is the native cryptocurrency of the Ripple network, Ripple is the company behind it.
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• Dec 17, 2021 · 3 years ago
  XRP and Ripple may sound like the same thing, but they have distinct roles in the world of digital currencies. XRP is a digital asset that can be used to facilitate fast and low-cost international money transfers. Ripple, on the other hand, is a technology company that provides the infrastructure for these transactions. In essence, XRP is the currency and Ripple is the platform.
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• Dec 17, 2021 · 3 years ago
  When it comes to digital currencies, XRP and Ripple are often mentioned together. XRP is the cryptocurrency that powers the Ripple network, which is a decentralized platform for fast and secure cross-border transactions. Ripple, as a company, focuses on developing and promoting the use of XRP and the Ripple network. So, while XRP is the digital currency, Ripple is the driving force behind its adoption and growth in the digital currency space.
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