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What is Ripple? XRP Explained with AnimationsXRP is Ripple's cryptocurrency token, which is used to transfer funds across borders at a low cost � trustlessly and instantly. Its primary use is to serve as a. The purpose of Ripple is to utilise the internet, blockchain technology and the XRP currency to allow value transfers across borders in a quick, cost-efficient. Get the latest price, news, live charts, and market trends about XRP. The current price of XRP in United States is $ per (XRP / USD).