XRP
Inaugurated in 2021, the XRPL (XRP Ledger) is a decentralized, open-source technology that operates without permission. The XRP Ledger offers numerous advantages, such as its cost-effectiveness ($0.0002 to transact), rapidity (settling transactions in 3-5 seconds), scalability(1,500 transactions per second) and inherently green attributes .
The XRP Ledger offers a wide range of possibilities and applications when it comes to payments, such as micropayments, DeFi, and soon-to-be NFTs. Launched in 2012, the XRPL provides support to enterprises and developers using Python, Java, and JavaScript, offering them utility and flexibility. On the XRP website, developers can find various tutorials to assist them in getting started with different coding languages, creating apps, managing accounts, and more. In addition to its native coin, XRP, the XRP Ledger is utilized by developers to develop solutions that address inefficiencies, including remittance and asset tokenization. Presently, the five primary applications of the XRP Ledger consist of payments, tokenization, DeFi, CBDCs, and stablecoins.