Don't feed the banks

XRP

Ripple is a distributed network for international bank transfers. Unlike most blockchain networks, which are fully open and decentralised, Ripple uses a different consensus model that involves multiple rounds of validation by different network participants. XRP is the native token for the network, but is not required for every use case and product created by Ripple Labs.

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What is XRP?

Ripple was founded in 2012 and largely funded by sales of XRP, as well as venture capital investment. The organisation has established partnerships with several major banks, due to the ease with which its technology allows different currencies to be transferred between institutions, and continues to gain traction in the financial sector. Although Ripple is positioned as an alternative to existing international transfers and caters to banking partners, XRP has an active community within the cryptocurrency world and is enthusiastically traded on many large crypto exchanges.

0.282103 XRP = 1 AUD

XRP XRP	AUD Australian Dollar
0.01 XRP	0.0354 AUD
0.1 XRP	0.3545 AUD
1 XRP	3.5448 AUD
2 XRP	7.0896 AUD
3 XRP	10.6344 AUD
5 XRP	17.7240 AUD
10 XRP	35.4480 AUD
20 XRP	70.8961 AUD
50 XRP	177.2402 AUD
100 XRP	354.4803 AUD
1000 XRP	3544.8030 AUD