Bank of America & Ripple: XRP's Future in Fintech

Understanding Ripple and XRP: A Faster Way to Move Money Ripple's core technology, RippleNet, aims to revolutionize international money transfers by providing a faster and cheaper alternative to traditional banking systems. XRP, Ripple's native cryptocurrency (a digital currency system), acts as a bridge currency, facilitating seamless conversions between different fiat currencies during these transactions. Since its launch in 2011, XRP has grown alongside the broader cryptocurrency market. This system potentially offers significant cost savings and increased efficiency....

February 9, 2025 · 4 min · 725 words · Herman Bucio