Ripple (XRP) connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally. Set up in 2015 after the Fed recognized the need to spur improvements in payments, the Task Force brought together a diverse group of 320 stakeholders – including banks, regulators, end users and technology companies – to create a roadmap for modernizing the U.S. payments infrastructure.
XRP is built on the most advanced blockchain technology that is scalable, secure and interoperates different networks and provides optional access to the world’s fastest and most scalable digital asset for payments.
XRP allows Banks, payment providers and digital asset exchanges process and provide liquidity for payments on RippleNet, creating new, competitive cross-border payments services for their customers.
Forbes says it uses "Blockchain to move money faster than a flying courier"