XRP, the native token of the XRP Ledger, is often debated for its utility within the cryptocurrency ecosystem. While critics argue it serves primarily as a speculative asset, XRP's design focuses on enabling fast and efficient cross-border payments. Transactions on the XRP Ledger settle in about three to five seconds at minimal cost, making it an effective bridge currency for instant fiat conversions without the need for large foreign reserves. Retail investors form the largest group of XRP holders, with an estimated 2 to 3 million individuals globally. Crypto exchanges like Binance and Kraken utilize XRP for liquidity management, while payment providers such as SBI Remit and Tranglo leverage Ripple's On-Demand Liquidity system for international remittances. Although some banks use Ripple's infrastructure, only select partners directly employ XRP for liquidity purposes. XRP's utility is evident in its role within financial infrastructure, particularly in liquidity provisioning and payment settlement, despite not being universally adopted by all financial institutions. This highlights its specific, yet significant, real-world applications beyond mere speculation.