What is XRP? 100 billion coins, one ledger and the role of Ripple

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.XRP is the cryptocurrency of the XRP Ledger, built for payments in seconds and without mining. This profile explains Ripple, escrow, the SEC case and what to watch for when buying in Germany.Add as a preferred source on GoogleFollow on Google NewsXRP is the cryptocurrency of the XRP Ledger, a public blockchain built for fast and cheap payments. All 100 billion XRP were created in one go in 2012; there is no mining and there are no new coins. The company Ripple uses XRP as a bridge currency in cross-border payments, but it owns neither the blockchain nor the coin outright. On Wednesday, November 4, 2026, XRP cost about €1.14 according to CoinGecko and ranked fifth among all cryptocurrencies with a market capitalisation of roughly €72 billion. This profile explains how the XRP Ledger works, what XRP is meant for in the day-to-day business of banks and payment providers, why the case brought by the US Securities and Exchange Commission (SEC) shaped the price for years, and what you...