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Durham University Study Describes XRP as a Radical Form of Commodity Money

A research paper from Durham University characterizes the cryptocurrency XRP as an unconventional type of commodity-based money.

XRP

Summary

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Terms & Concepts
  • Commodity Money: A form of money whose value comes directly from the commodity it is made of or represents.
  • XRP: A digital asset used for fast, low-cost cross-border payments, created by Ripple Labs.