¥ 0.9471
Just now
(-0.56%)
Ripple positions itself as a complement to, rather than a competitor with, Bitcoin - the site has a page dedicated to Ripple for bitcoiners. Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk. Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system.
Try our free XRP (XRP) portfolio tracker if you want to efficiently keep track of your XRP and other coin/token investments.