system using xrp as the exchange currency, right? That put xrp as THE currency. Low fees are only of they use xrp or other coins throughtout ripplenet?
What is Ripple? Ripple – also known as XRP – is the third largest cryptocurrency in the world by market capitalization. It differs significantly from other cryptocurrencies such as Bitcoin and Ethereum. While they primarily want to create a completely new monetary system free from state control, the Ripple founders are working with banks, for example. These should use Ripple as a payment network. The project was launched by Ripple Labs. Behind it are various investment funds.
See other xrp uses at Xrpl.org
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