🌐 Native Token of XRPL$XRP
$XRP is the native cryptocurrency of the XRP Ledger blockchain.
It was pre-mined at inception, meaning all 100 billion $XRP tokens were created at launch — no mining process exists. public-inspection.federalregister.gov
🔢 Supply Details
The maximum supply remains 100 billion XRP. public-inspection.federalregister.gov
Because transaction fees are burned (destroyed), the total supply continuously declines slowly with use. public-inspection.federalregister.gov
A large portion of the supply is held in escrow by Ripple and released on a schedule to manage circulating supply and liquidity. public-inspection.federalregister.gov
💡 Key Token Utilities
Transaction Fee Currency: Small amounts of XRP are burned as fees on every valid transaction, reducing spam and slowly decreasing supply. public-inspection.federalregister.gov
Liquidity for Cross-Border Payments: XRP is often used as a bridge asset in international value transfers for its speed and low cost.
On-Ledger Collateral and DeFi Use Cases: Ongoing upgrades continue to extend how XRP can function in tokenized assets, AMMs, and escrowed financial services.
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