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What is XRP (XRP)?

Discover the key facts about XRP (XRP).

What is XRP?

XRP is a digital asset built for payments and the native asset of the XRP Ledger (XRPL), a decentralized, public blockchain. Today, XRP is one of the world’s leading cryptocurrencies, boasting a market capitalization of $27,000,000,000 (at the time of writing).

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How XRP Works

Inspired by Bitcoin’s innovation but aware of its potential limitations concerning speed and scalability, the founders of the XRP Ledger began working on a decentralized, open-source blockchain and its accompanying native cryptocurrency. Their goal was to develop a peer-to-peer trust network that was fast, affordable and energy-efficient. 

Only 100 million XRP tokens will ever be in existence, and today about 50% are in circulation. XRP can be bought and sold on most major cryptocurrency exchanges. 

Crypto donations are one of the most tax-efficient forms of charity.

Investing and giving go hand-in-hand, especially for taxpayers in the US, UK and elsewhere. 

Why pay capital gains taxes on appreciated crypto when you could donate it and also write-off the donation? Learn more about the tax benefits of crypto philanthropy.

To donate cryptocurrencies like XRP to a cause close to your heart, visit our donor marketplace featuring thousands of pro-crypto charitable organizations.

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