Ripple (XRP)

Ripple is a cryptocurrency created for solving the problems of just one industry; The International Payment Transfers. It is the PayPal of cryptocurrencies. Founded in 2012, it is all about making the transfers safe, cheap and fast. There are 100 billion XRP and half of them belong to the company that created Ripple.

Ripple makes transfers internationally in seconds. Fees are lower and it is for just one use (international money transfers). It is one of the few crypto coins being tested out in the real world. Because they own half the coins, they face criticism for being centralized when the whole idea behind blockchains is that we decentralize them.

It is the third most valuable currency with a market cap of $34.12 billion.