If you are interested in cryptocurrencies that facilitate cross-border transactions, you might have heard of XRP and XLM. These two coins are often compared and contrasted, as they share some common features but also have significant differences. In this blog post, I will give you a brief overview of XRP and XLM, and how they differ in terms of vision, network design, monetary policy, and market performance. XRP is the native currency of the Ripple network, a payment settlement and asset exchange platform that mainly targets banks and financial institutions. Ripple was launched in 2012 by Chris Larsen and Jed McCaleb, with the aim of providing a faster and cheaper alternative to the traditional SWIFT system. XRP serves as a bridge currency that can be exchanged for any other currency on the Ripple network, with little to no fees and little time to transfer. XRP is deflationary, meaning that its supply decreases over time as some coins are burned in each transaction. XLM is the nat...
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