Explainer: Ahead of Libra, XRP cryptocurrency gains toehold in commerce

Altcoins: Ahead of Libra, XRP cryptocurrency gains toehold in commerce

LONDON (Reuters) – Facebook’s Libra may be grabbing all the headlines at the moment, yet a major cryptocurrency already exists that’s gained a toehold in mainstream commerce. XRP, the third-biggest cryptocurrency by market value, seeks to succeed where bitcoin and other digital currencies have largely failed: in powering fast and low-cost transactions.