https://www.toolstrades.com/324-english/glossary/x Fri, 22 Nov 2024 12:14:30 +0000 en-gb [email protected] (ToolsTrades) https://www.toolstrades.com/324-english/glossary/x/7232-xenocurrency https://www.toolstrades.com/324-english/glossary/x/7232-xenocurrency Xenocurrency is a term that is used to describe a currency that circulates on the markets outside of its domestic zone. But with xeno- having negative connotation in our minds the term foreign currency is used more often.

]]> [email protected] (Anna K.) X Thu, 06 Dec 2018 07:07:26 +0000 https://www.toolstrades.com/324-english/glossary/x/6929-xrp https://www.toolstrades.com/324-english/glossary/x/6929-xrp XRP is the native currency of the Ripple network. XRP are currently divisible to 6 decimal places, and the smallest unit is called a drop with 1 million drops equaling 1 XRP. There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules. As such, the system was designed so XRP is an asset with decreasing available supply. Not dependent on any third party for redemption, XRP is the only currency in the Ripple network that does not entail counterparty risk, and it is the only native digital asset.

]]> [email protected] (Anna K.) X Mon, 26 Mar 2018 11:06:10 +0000