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XRP (also known as Ripple) is designed for enterprise use, and provide banks and payment service providers with a reliable and on-demand path for the liquidity of international payment.
Ripple provides a seamless global payment experience by means of blockchain technology. Through Ripple's growing global payment network, financial institutions will be able to handle the remittance from their customers anywhere in the world. It is real-time and reliable with low cost. Thus, banks and payment service providers can further reduce their cost and explore new markets with XRP the crypto.