XRP definition

XRP means the extensible registry-registrar protocol used by the usTLD System.
XRP means the native digital asset of the XRP Ledger, a decentralized blockchain network.
XRP means the extensible registry-Delegated Manager protocol used by the usTLD System.

Examples of XRP in a sentence

  • The Sponsor may require, in its sole discretion, that a Creation Order be denominated in XRP (an “XRP Creation Order”) or cash (a “Cash Creation Order”).

  • The Trust shall not be responsible for any fees and expenses incurred by the Sponsor to convert XRP received in payment of the Sponsor Fee into U.S. Dollars.

  • The Sponsor Fee will accrue daily and be payable monthly in XRP or cash.

  • The name of the statutory trust formed hereby is CoinShares XRP ETF.

  • The Shareholders acknowledge that the rate at which the Sponsor converts such XRP to U.S. Dollars may differ from the Pricing Benchmark.


More Definitions of XRP

XRP means XRP, a type of virtual currency based on an open source cryptographic protocol existing on the XRP Ledger, as determined by the Sponsor in accordance with Section 6.2, and the assets underlying the Trust’s Shares.
XRP means the extensible registry-Delegated Manager protocol used by the usTLD System. Other terms used in this Agreement as defined terms shall have the meanings ascribed to them in the context in which they are defined.
XRP means a Digital Asset based on an open-source cryptographic protocol existing on the XRP Network.
XRP means XRP, a type of virtual currency based on an open source cryptographic protocol existing on the Ripple Network as determined by the Sponsor in accordance with Section 6.2(m), and the assets underlying the Trust’s Shares.
XRP means the Digital Currency known as XRP (XRP);
XRP means the extensible registry-registrar protocol used by the Registry System.
XRP has the meaning set forth in Section 1(a).