XRP, which is the digital asset of the company Ripple because:
- it has a specific purpose - international funds transfer and is solving a real problem (currently international funds transfers take 3-5 days and are very expensive);
- best at what it does - fast speeds (less than 4 seconds) and low cost (nearly zero);
- buy in from banks and business - more than 100 partners using Ripple technology (xCurrent) to act as the messaging system for their fund transfers with a strategy to roll out XRP (xRapid) in future for settlement;
- Third by market cap behind Bitcoin & Ethereum and receives mainstream media attention;
- working with Government & Regulators;
- great team/private company behind it who have been working on it for five years;
- the criticism that it is centralised won’t be valid by end of year once it’s decentralised - Ripple is currently working on this;
- Most transparent Digital Asset with Quarterly market reports available;
- will continue to be added to additional
Exchanges making it more available.
