IT companies, banks and institutions are increasingly relying on decentralized currencies. When it comes to processing international transactions, the XRP cryptocurrency is particularly suitable as a payment solution. XRP was introduced in 2012 and offers a quick and inexpensive way to carry out transactions beyond national borders.
XRP was developed with the aim of supplementing established systems of payment processing and, in the best case, to replace it completely. Due to this clearly defined field of the application, XRP differs significantly from most other cryptocurrencies. What about XRP and is it possible that the goal that the Ripple Labs company has reached will be achieved? We explain which economic and regulatory influences play a role in the development of XRP. On top of that, we take a look at the technology behind XRP and tell you how strategically you can act with XRP.
The volatile XRP course reflects the dynamics of the cryptocurrency
The cryptocurrency market is always volatile. This is a peculiarity with which you have to live if you plan to invest in cryptocurrencies or to act with you. If you take a look at the XRP course, there is a particularly volatile picture.
The all -time high was approximately $ 3.30 and was recorded at the beginning of 2018. Shortly afterwards the course collapsed. If you look at the XRP course value in 2020, it was briefly below $ 0.20. At the present time (June 2025), XRP is approximately $ 0.55, which represents a rather moderate spa value.
Different aspects play a role here and influence the XRP course development. For example, the mood of the cryptom market, interventions from outside by regulatory authorities and politics, as well as technological progress. If the XRP course increases, this means that the market has taken confidence and invests more. However, if the course declines, this can indicate doubts and uncertainties by investors.
XRP actively act by using real -time data
Current information regarding the course is an indispensable resource if you plan to act as efficiently as possible with the cryptocurrency XRP. On the freely accessible internet portals from online brokers you can at any time XRP course in real time pursue and also obtain further important information. This gives you access to the market movements of XRP directly and can react better to short -term price fluctuations. You will also find other useful indicators on online crypto exchange. Sliding average, the “RSI” (relative-strength index) and charts can be used by you to carry out a technical analysis. A technical analysis can better predict the XRP course course.
International transactions are still complex and expensive
Transferring money sums beyond national borders also requires an elaborate process today. Currencies have to be converted and financial companies have to work with correspondence companies in order to process such transactions. Due to the different systems with which these companies work, it can sometimes take several days for a transaction to be completed.
In addition, the costs with regard to an international transaction is significant. The World Bank Group announced that the transfer costs, which were recorded by international transactions in 2023, amounted to an average of about 6.2 % of the transaction amount. A decline can now be observed here. However, international transaction costs are still quite high under the use of classic methods.
Many states also have no access to the classic methods of transfer. This applies particularly to developing countries, which are economically weak.
The energy -efficient technology behind XRP
Technically, XRP differs greatly from other cryptocurrencies, such as Bitcoin. XRP is not generated by the use of computing power, by solving mathematical tasks within a “proof-of-work” process. XRP builds on a special process, which is referred to as a “consensus mechanism”.
Consumption protocols are exchanged and confirmed. This process is processed between verified validation nodes. The combination of this validator decides the validity of a payment. This process is extremely fast and sustainable, because in contrast to the “proof-of-work” procedure, only a small fraction of the computing power is required. On average, only 0.0079 kWh are required for a transaction via XRP. A transaction via Bitcoin requires an average of 707 kWh. Based on these figures, the sustainability of XRP quickly becomes clear.
Especially for companies that have to adhere to regulatory requirements regarding CO₂ emissions, XRP offers an impressive sustainable option. On top of that, the ecological aspect also speaks for the use of XRP.
The area of application of XRP as a bridge currency
XRP was knowingly developed as a kind of “bridge currency”. For example, if euros and the Filipino peso cannot be changed and exchanged directly, XRP acts as an intermediary.
- The transmitter acquires XRP in euros according to the transaction amount.
- The XRP value is transmitted by using the blockchain.
- The recipient can then be paid out the XRP value in PHP.
Since XRP transactions are carried out in seconds, the risk of loss of value due to market fluctuations is extremely low. In addition, the recipient does not have to wait several working days for different banks to communicate with each other.
This aspect makes the use of XRP particularly interesting for e-commerce companies or companies that work in the logistics sector. Many individual international transactions are carried out every day in these areas of application. Entrepreneurs save a lot of costs by using XRP. In addition, the management of supply chains can be made more efficient.
Potential for financial companies and developing countries
For developing countries that have a weak economic structure, XRP transactions could bring great advantages. XRP payments are quick, transparent and very cheap. Pilot projects were started in Southeast Asia and East Africa, which have already shown initial successes. XRP was used here in connection with microcredits and donations. Access to financial service providers could also make it much easier in the future if increasingly rely on XRP.
The very big banks are still hesitating. However, smaller fintechs and service providers in the financial sector are increasingly relying on decentralized solutions for international payments. Larger banks could also use XRP to further develop their systems. Especially in connection with digital currencies of central banks.
XRP between uncertainty and potential
The XRP cryptocurrency offers promising solutions for international payment transactions. With quick transactions, low energy consumption and low fees, cryptocurrency is technologically attractive. By using XRP, cross -border payments can be designed efficiently and inexpensively.
XRP is also very interesting for science. Some economists research the macroeconomic influences that influence the course. IT experts, in turn, analyze the efficiency of the blockchain and lawyers deal with regulatory questions regarding XRP.
However, a few factors depend on whether XRP will prevail in the long run. The market acceptance, regulations, further development and questions of decentralization play a major role here. XRP has the potential to become more than an exciting experiment in digital financial history if these aspects are positive in the future.
06/23/2025
