Ripple is a payment settlement system in which we can exchange currency and process transactions around the world it acts as a trusted system between two parties and makes sure transaction quickly. this system is not involving the transaction of XRP but it is also responsible for the transaction of other cryptocurrencies like bitcoin it also deducts a small amount OF XRP during the transaction as fees and that standard fee is 0.0000138 XRP.
what is XRP
XRP is a cryptocurrency that is issued by a ripple network you can buy, invest and transfer into other cryptocurrencies. but it does not work on blockchain. ripple centralize all things and store its transaction in the ledger and seen by their trusted and approved validators you cab use as XRP potential investment and exchanging into other currency, for example, you want to convert USD into Euro then you first convert USD into XRP on ripple and then into euro it is the faster and cheaper method
