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Ripple is a U.S.-based technology company that develops payment and blockchain solutions. It is best known for its digital payment protocol called RippleNet and its cryptocurrency XRP. Ripple’s main goal is to enable fast, low-cost international money transfers between financial institutions. Founded in 2012, the company works with banks and payment providers to improve cross-border transactions. Unlike Bitcoin, XRP is not mined — all tokens were pre-issued. Ripple continues to play a major role in the evolution of blockchain in finance.
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