XRP/USD Trading forecasts and signals

XRP (Ripple) is an international system for payments between currencies, which was created in 2012 by Ripple Labs. The main advantage of the XRP system is that it allows you to make transfers between users anywhere in the world almost instantly. Due to this, XRP is very attractive for banks and financial companies, for which real-time calculations are important. In 2017, American Express and the Santander banking group switched to the Ripple protocol for international transfers. The XRP protocol is also used by more than 75 payment systems and 90 banks around the world, including UniCredit and Standart Chartered. The order of currency exchange in the system is simple and consists in the fact that if the sender needs to transfer one currency to another, then first he transfers his currency to Ripple, then changes Ripple to another currency and transfers them to his wallet in another bank. Thanks to the use of xRapid technology, such an exchange between currencies via XRP takes place in just a few seconds. This is the main advantage of using XRP. In addition, all transfers using this technology can be canceled and returned. The high speed of exchange and transfers in Ripple is due to the fact that the network is supported by a large number of servers installed around the world. This is how XRP differs from Bitcoin, which depends on the miners mining this cryptocurrency. In total, 100 billion XRP tokens were issued worldwide, with 61 billion of them owned by the company itself.