XRP is traded on more than 100 markets and exchanges worldwide.
XRP’s low transaction fees, reliability and high-speed enable traders to use the digital asset as high-speed, cost-efficient and reliable collateral across trading venues—seizing arbitrage opportunities, servicing margin calls and managing general trading inventory in real time.
Ripple is a technology company that makes it easier to build a high-performance, global payments business. XRP is a digital asset independent of this.
There is a finite amount of XRP. All XRP is already in existence today—no more than the original 100 billion can be created. The XRPL founders gifted 80 billion XRP, the platform’s native currency, to Ripple. To provide predictability to the XRP supply, Ripple has locked 55 billion XRP (55% of the total possible supply) into a series of escrows using the XRP Ledger itself. The XRPL's transaction processing rules, enforced by the consensus protocol, control the release of the XRP.
As of December 2017 55B
XRP remains in escrow
What Wallets Support XRP?
Digital wallets are pieces of software that allow people to send, receive, and store cryptocurrencies, including XRP. There are two types of digital wallets: hardware and software.