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Traditionally, currencies were backed by Traditionally, currencies were backed by. Supply and Demand Dynamics Just as with any asset, the technology company that utilizes XRP the security of their underlying. Understanding What Backs a Cryptocurrencylike the US dollar, is different. PARAGRAPHGet answers to what XRP is backed by.

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An instant digital currency exchange platform, Changelly finds the best possible rate on the crypto market. You can choose to swap at fixed or floating rates. List of XRP (XRP) exchanges with real-time price comparison where you can buy, sell or trade XRP for other currencies and crypto coins. Bitrue is the most secure cryptocurrency exchange platform for buying, selling, trading Bitcoin, Ethereum, Ripple and + altcoins.

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But XRP and other cryptocurrencies also have a history of extreme volatility, and past returns are no guarantee of future success. A Southern District of New York judge ruled that XRP is a security when offered for sale to institutional investors but not when sold on an exchange to retail investors. Some of his prior work includes contributing news and analysis to Seeking Alpha, InvestorPlace. How does Ripple work? News and World Report.