XRP is the native digital asset of the XRP Ledger. It is often discussed in connection with fast payments, settlement, and cross-border transfer use cases.
XRP vs Ripple
XRP is the asset and XRP Ledger is the blockchain network. Ripple is a company that has built payment products and is closely associated with XRP, but the terms are not identical.
What XRP is used for
XRP can be used to move value on the XRP Ledger and may help with liquidity in payment systems. The network is designed for quick settlement compared with many older payment rails.
Like other crypto assets, XRP has market, legal, custody, and adoption risks. Users should understand the difference between the token, the ledger, and companies building around it.