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.

0.212577 XRP = 1 AUD

XRP XRP	AUD Australian Dollar
0.01 XRP	0.0470 AUD
0.1 XRP	0.4704 AUD
1 XRP	4.7042 AUD
2 XRP	9.4084 AUD
3 XRP	14.1125 AUD
5 XRP	23.5209 AUD
10 XRP	47.0418 AUD
20 XRP	94.0836 AUD
50 XRP	235.2091 AUD
100 XRP	470.4182 AUD
1000 XRP	4704.1818 AUD