XRP
Plain definition. XRP is the cryptocurrency supported by the XRP Ledger, an open-source blockchain, and the XRPL documentation says it allows faster cost-effective transactions.
Technical definition. The XRP Ledger documentation defines XRP as the cryptocurrency supported by the XRP Ledger (XRPL), operating on an open-source blockchain and allowing faster cost-effective transactions. The XRP Ledger itself is a blockchain that permanently records digital transactions of tokens between accounts. Holders manage their XRP on the ledger through wallets.
On this site
On this site, XRP comes up in What’s the difference between Ripple, XRP and the XRP Ledger?, What is the history of XRP?, Is XRP dead, a scam, or a failed experiment?, What is XRP? and Why do so many crypto people dislike XRP (the “XRP Army” critique)?.
Source
Introduction (xrpl.org), read October 1, 2026.
Pages that cover XRP
- Is there another neutral bridge asset as good as XRP?
- What would give XRP a real competitive moat, and what stands in its way?
- Why might an institution choose not to use XRP?
- How is an XRP bridge different from using a stablecoin like USDC?
- What is a hedged XRP carry trade, and is anyone running one?
- How do lenders and market makers hedge XRP price risk?
- What is cross-margining, and can institutions cross-margin XRP through Ripple Prime?
- Why could lending and collateral use matter for XRP?
- Can XRP be used as margin for futures, options and perpetuals, and where?
- What happens to an XRP-backed loan if XRP's price drops?
- Can XRP be used as collateral like US Treasuries?
- Do XRP ETF purchases make XRP scarcer?
- Has the US government officially chosen XRP for any role?
- Is XRP a security?
- Is the US government coordinating with Ripple around XRP, or is that pure speculation?
- Why did exchanges freeze or delist XRP during the lawsuit?
- Does XRP conflict with US dollar dominance?
- What's still unresolved now that the lawsuit is over?
- Do Ripple's trillion-dollar figures mean trillions are flowing into XRP?
- Do XRP fee burns make XRP scarce?
- What does the evidence say about XRP as a long-term holding?
- How many XRP exist, why so many, and can Ripple create more?
- Is Ripple dumping XRP on holders?
- What are the different kinds of XRP risk, and which have fallen?
- What is the strongest bullish case for XRP, and is there evidence for it?
- Are the viral XRP rumors and "supercycle" claims true?
- What market value would a given XRP price imply, and what does the evidence say it would take?
- Who owns the most XRP, and how many people hold it?
- Why isn't XRP's price going up, even with more adoption?
- Is XRP ecosystem growth exponential, and will 2026's growth rates continue?
- Can ETF, treasury, DeFi and derivatives XRP be added together?
- What does the evidence say about how much XRP liquidity a share of global payments would need?
- What is XRP's price and market cap, and what has its price history been?
- What is XRP's value-capture problem, and how would it be measured?
- What is the history of XRP?
- Is XRP dead, a scam, or a failed experiment?
- Is buying XRP the same as owning part of Ripple?
- What's the difference between Ripple, XRP and the XRP Ledger?
- What is the XRP Ledger, and is it a real blockchain?
- Why do so many crypto people dislike XRP (the "XRP Army" critique)?
- How do XRP Ledger AMMs work, and can XRP holders earn fees in them?
- What is auto-bridging on the XRP Ledger, and is it real or marketing?
- Can AI agents and machines pay with XRP?
- How could borrowed XRP support a cross-border payment?
- How big is the cross-border payments market XRP competes for?
- Do banks and businesses need to hold XRP for it to be used?
- Do Ripple partnership announcements mean demand for XRP?
- Do banks actually need XRP, or just Ripple's software?
- Does XRP need to replace money to succeed?
- How deep is XRP's market liquidity, and is it enough for global settlement?
- How much of Ripple's payment volume actually uses XRP?
- How does Ripple's On-Demand Liquidity (ODL) use XRP?
- Is most XRP activity speculation rather than real use?
- Why do market makers hold XRP, and are they betting on its price?
- Is XRP used for payments outside Ripple's own products?
- What kinds of capital and roles form around XRP in tokenized finance?
- What is actually holding XRP adoption back: technology or activation?
- Is Ripple a public company? Who owns it, and can I buy Ripple stock?
- Will RLUSD and other stablecoins replace XRP?
- What is XRP?
- Is an XRP liquidity multiplier just leverage?
- How much has XRP's institutional position changed since the SEC case?
- What does the evidence show about the risks of holding XRP, and how risky is it?
- Is the XRP bull case simply that banks will use it, and do all its uses have to succeed together?
- What does the public evidence show about what drives XRP's price?
- Is XRP valued as a payment coin or as a liquidity and collateral asset?
- Why does liquidity depth matter for XRP as a bridge?
- Does Ripple Prime accept XRP as collateral?
- What are the possible structural outcomes for XRP?
- Is XRP's valuation justified by activity on the XRP Ledger?
- Is XRP replacing SWIFT, or could they work together?
- Is XRP being institutionalized faster than Bitcoin was?
- Is XRP already used as collateral and credit, or is that still in the future?
- Could XRP lending create a self-reinforcing feedback loop?
- What was the SEC vs Ripple lawsuit about?
- Does Ripple's success mean XRP's price goes up?
- Will XRP run out ("supply shock")? How much XRP is actually available to trade?
- Is future adoption already priced into XRP?
- What do published XRP price forecasts assume, and what does the evidence say about why they disagree?
- Does one dollar of XRP support more than one dollar of financial activity?
- Does every payment on the XRP Ledger go through XRP?
- What does it cost to send XRP, and how fast is it?
- Who does XRP actually compete with in cross-border payments?
- How does XRP compare with Bitcoin and other major coins?
- How much credit is being created against XRP, and can it be measured?
- How much can you borrow against XRP, and who sets the haircut?
- How much institutionally held XRP could be put to work without new buyers?
- Is the SEC vs Ripple case over, and who won?
- Is the US using XRP to pay off the national debt?
- What is the XRP escrow, and what happens when it runs out?
- How do you measure how much XRP is actually being used?
- What does bank payment use imply per XRP, and what does the evidence support?
- Are XRP whales accumulating, and does that mean institutions are buying?
- What does "XRP" stand for?
- How does Ripple's payment system decide whether to route a payment through XRP?
- How does SBI use XRP for Japan remittances?
- Is XRP payment routing live, and has it proven it can win routes?
- Do market makers need to own all the XRP liquidity they provide?
- What did MoneyGram's use of XRP prove, and was ODL volume organic?
- Can the same XRP be held, hedged and put to work at once?
- How much XRP do institutions hold, and how much is actually put to work?
- Why did Trump name XRP for a US crypto reserve?
- How can you build an XRP valuation model that isn't a price target?
- How does XRP work as a bridge between currencies?
- How far did Ripple's ODL expand around the world?
- What is XRP actually used for?