XRP is the native digital asset on the XRP Ledger (XRPL) blockchain, originally created for payments. XRP is primarily used to facilitate transactions on the network and act as a bridge between different currencies on the XRP Ledger's native DEX. XRP is a digital asset native to the XRP Ledger — an open-source, permissionless, and decentralized blockchain technology. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds, using a network of trusted validators to verify the transactions on the ledger. XRP can be sent directly without the need for a central intermediary, making it a convenient instrument for quickly and efficiently bridging two different currencies. It trades freely on the open market and is used in the real world for international payments and microtransactions. XRP can also be used to swap different currencies and access crypto liquidity.