# 23. Building on XRP Legend

Speed, Scalability & Global Reach

23.1 What is the XRP Ledger?

The XRP Ledger (XRPL) is a decentralized, open-source blockchain engineered for fast, energy-efficient, and low-cost transactions. Launched in 2012, XRPL is best known for powering the XRP digital asset — one of the most established cryptocurrencies in the world.

With transaction finality in \~3–5 seconds, fees as low as fractions of a cent, and native support for token issuance, the XRP Ledger is designed to serve real-world financial use cases — from payments and remittances to digital asset transfers and DeFi.

23.2 Why PaywithCrypto is Building on XRPL

At PaywithCrypto, our mission is to bridge crypto and the real-world economy — and XRP Ledger’s architecture perfectly supports that mission. We chose XRPL because:

●        Speed: Instant crypto-to-fiat transactions at point-of-sale\ <br>

●        Cost Efficiency: Near-zero transaction fees for merchants and customers\ <br>

●        Scalability: 1,500+ transactions per second, built for mass adoption\ <br>

●        Built-in DEX: Native decentralized exchange (DEX) for on-chain liquidity and seamless trading\ <br>

●        Regulatory Alignment: XRPL’s enterprise-grade design supports compliance and interoperability with financial systems

23.3  Our Ambition: The Largest Ecosystem on XRP Ledger

PaywithCrypto is committed to becoming the most widely adopted real-world application on XRPL — delivering infrastructure, utility, and volume that benefits the entire XRP community.

Key Ecosystem Goals:

●        100,000 POS terminals powered by XRPL across Asia, LATAM, and Africa\ <br>

●        Over 1 million wallets interacting with XCP, our utility token deployed on XRP Ledger\ <br>

●        Cross-chain liquidity bridges using XRPL’s native DEX for seamless multi-asset support\ <br>

●        Loyalty, identity, and payment tools powered by XRP-native smart contract extensions (Hooks)

We’re not just bringing crypto to stores. We’re bringing volume, real-world use cases, and economic activity to the XRP Ledger — making it a home for meaningful, high-utility dApps.

PaywithCrypto + XRPL = the fastest, most scalable retail crypto payment ecosystem in the world.

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