<div data-lark-html-role="root"><a class="link rich-text-anchor __anchor-intercept-flag__ text-content-link" contenteditable="false" href="http://XT.COM" target="_blank" rel="noopener noreferrer" data-eleid="0-0" data-lark-is-custom="false" data-lark-link="true">XT.COM</a></div>
<div data-lark-html-role="root"><span class="text-only" data-eleid="2">Explore encryption, trust transactions</span></div>
<div data-lark-html-role="root"><a class="link rich-text-anchor __anchor-intercept-flag__ text-content-link" contenteditable="false" href="http://XT.COM" target="_blank" rel="noopener noreferrer" data-eleid="4-1" data-lark-is-custom="false" data-lark-link="true">XT.COM</a> <span class="text-only" data-eleid="4-2">is committed to making digital asset trading simpler, safer, and more trustworthy. Over 12 million users worldwide have chosen us to begin their crypto journey, and we are steadily becoming the preferred gateway to the world of digital assets.</span> <span class="text-only" data-eleid="6-0">Headquartered in Seychelles,</span> <a class="link rich-text-anchor __anchor-intercept-flag__ text-content-link" contenteditable="false" href="http://XT.COM" target="_blank" rel="noopener noreferrer" data-eleid="6-1" data-lark-is-custom="false" data-lark-link="true">XT.COM</a> <span class="text-only" data-eleid="6-2">leverages its global vision and local expertise to provide users with compliant, stable, and convenient services.</span> <span class="text-only" data-eleid="8">The platform currently supports over 1,300 cryptocurrencies and 1,300 trading pairs, covering a wide range of scenarios including spot, leveraged, futures, OTC, and credit card purchases.</span> <span class="text-only" data-eleid="10-0">From a smooth and efficient product experience and accessible multi-language interface to intelligent strategy tools and onboarding features,</span> <a class="link rich-text-anchor __anchor-intercept-flag__ text-content-link" contenteditable="false" href="http://XT.COM" target="_blank" rel="noopener noreferrer" data-eleid="10-1" data-lark-is-custom="false" data-lark-link="true">XT.COM</a> <span class="text-only" data-eleid="10-2">helps users easily get started and trade with confidence. Going forward, we will continue to work with our users to build a secure, open, and sustainable crypto ecosystem.</span></div>

Ripple

<p class=" qL-long-58030660 ">XRP is the native token of the XRP ledger, which aims to replace Bitcoin and build a trust-free, instant and cheap cross-border payment network. Like Bitcoin, XRP relies on a public ledger called the XRP Ledger to store transaction details. </p>
<p class=" qL-long-58030660 "> Unlike Bitcoin and its proof-of-work consensus protocol, the XRP ledger utilizes a consensus mechanism based on the Federal Byzantine Protocol (FBA) model. The XRP ledger maintains a consensus and transaction ledger through trusted validation nodes in recorded time, approximately every 3 to 5 seconds. These trusted nodes are collectively called Unique Node lists. </p>
<p class=" qL-long-58030660 "> The payment network on XRP's ledger does not use mining to verify and record new transactions, so its native token XRP was pre-issued at an early stage of its development. A total of 100 billion XRPS were pre-issued and rolled out in 2013. Today, more than 46 billion XRP supplies are in circulation. In addition to XRP, XRP can also be traded with other currencies in the Ripple ecosystem. XRP acts as a "bridge" between hard-to-match fiat currencies. If there are no market makers on the network willing to swap dollars for pounds, for example, people can sell the former to XRP and use it to buy the latter. </p>
<p class=" qL-long-58030660 ">XRP is also used to provide On-demand Liquidity (ODL) for Ripple's flagship RippleNet service, a global payment network of financial institutions that was originally three separate products until 2019: XCurrent (real-time settlement solution), xRapid (liquidity solution), and xVia (Payment API). </p>
<p class=" qL-long-58030660 ">ODL is simply the process of converting a legal tender, such as US dollars, into XRP tokens, and then sending those tokens to a receiving account, which then converts XRP into their local legal tender, such as Philippine pesos. Unlike fiat money, which can take days to send, XRP transactions typically take about three seconds. This not only speeds things up a lot, but also reduces any rate slippage. </p>
<p class=" qL-long-58030660 "> XRP ledger can complete payments in 5 seconds and process more than 1,500 transactions per second, according to Ripple's XRP document. A small number of XRP approximately 10drops (a unit of XRP) worth 0.00001 XRP are destroyed to cover transaction costs. Transaction fees are designed to increase as network load increases to discourage use of the network during busy periods. All XRP transactions are executed and settled on the books. </p>

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Ripple Sells XRP to Fund Shares Buybacks, Institutional Investors buy Equity in Ripple, not XRP: Analyst

https://cdn.mytoken.org/out/cf818645545f0e5f6d1abad42b6a2eb7

Here’s The Only Connection That Ripple And XRP Have With SWIFT

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