Ripple (XRP) 1 oz Silver Round
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Melt Value: Ripple (XRP) 1 oz Silver Round
Contains 1 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one Ripple (XRP) 1 oz Silver Round is $32.30 based on today's silver spot price.
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XRP 1 oz Silver Round
Ripple is a digital payment protocol and cryptocurrency that facilitates fast, low-cost cross-border transactions.
Ripple, commonly referred to on various exchanges as XRP, is designed to be an open-source, decentralized protocol that enables secure and fast transactions between individuals and financial institutions. Its primary goal is to streamline real-time settlements, focusing nitially on international money transfers and remittance to reduce transaction costs.
Instead of relying on traditional mining like Bitcoin, XRP transactions are confirmed through a network of trusted validators, reducing energy consumption and transaction processing times.
RIpple is supported by organizations that include the World Economic Forum, American Express, MoneyGram, Canadian Imperial Bank of Commerce and others.
Some countries have begun implementing their Central Bank Digital Currency (CBDC) systems to leverage XRP and RippleNet to facility real-time cross-border payments.
This 1 oz Silver Round commemorates the Ripple (XRP) cryptocurrency. This silver round contains 1 oz of .999 fine silver.
| Weight | 1 oz |
| Country | United States |
| Type | Silver Round |
| Mint | Highland Mint |
| Year | Various |
| Rounds Series | Cryptocurrency Silver Rounds |
| Classification | Modern |
| Purity | .999 fineness |
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