Cryptocurrency Q&A Can banks use Ripple without XRP?

Can banks use Ripple without XRP?

Claudio Claudio Tue Dec 10 2024 | 5 answers 980
I'm wondering if banks have the ability to utilize Ripple's technology without having to rely on or use XRP, the native cryptocurrency of the Ripple platform. Can banks use Ripple without XRP?

5 answers

CharmedEcho CharmedEcho Thu Dec 12 2024
The question of whether Ripple, the company, can survive without XRP is a valid one.

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CherryBlossomDance CherryBlossomDance Wed Dec 11 2024
It is important to note that Ripple's existence does not solely depend on XRP.

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CryptoMaven CryptoMaven Wed Dec 11 2024
Ripple has built a comprehensive suite of products called RippleNet.

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Sara Sara Wed Dec 11 2024
RippleNet is designed to offer banks, payment providers, and digital asset exchanges a frictionless way to send money globally.

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DongdaemunTrendsetterStyle DongdaemunTrendsetterStyle Wed Dec 11 2024
These products are separate from XRP and can operate independently.

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