XRP offers financial institutions the fastest, lowest cost option for sourcing liquidity in cross-border payments.
Ripple currency is the basic currency of Ripple network. It can circulate in the entire Ripple network, with a total amount of 100 billion, and gradually decreases with the increase of transactions. Ripple Labs ( formerly Open Coin ) is the operating company of Ripple Currency.
Ripple currency is the only common currency in ripple system, which is different from other currencies in ripple system. other currencies such as CNY and USD cannot be cashed out across gateways. in other words, CNY issued by gateway a can only be cashed out at gateway a if it wants to cashout at gateway b, it must be converted into CNY of gateway b through the ticketing function of ripple system. The Ripple currency has no restrictions in this respect. It is common in Ripple system.
Ripple currency ( XRP ) and Bitcoin are both based on digital cash of mathematics and cryptography, but unlike Bitcoin, XRP has the main bridge currency and security functions in RIPLE system, among which security functions are indispensable, which requires gateways participating in this agreement to hold a small amount of XRP.
Issue Supply：99,991,658,131 (999.92 billion)
Circulation Supply：41,792,108,527 (417.92 billion)