For those of you confused on how XRP fits into Ripples plans, the answer is in their Xrapid tech. Simply put, Xrapid allows companies to minimize their liquidity costs.
Powered by XRP, the Digital Asset for Payments
xRapid uniquely uses a digital asset, XRP, to offer on-demand liquidity, which dramatically lowers costs while enabling real-time payments in emerging markets. Built for enterprise use, XRP offers banks and payment providers a highly efficient, scalable, reliable liquidity option to service cross-border payments.