As of 3:35 PM Pakistan Standard Time (PKT) on Friday, August 22, 2025, the open market exchange rate for Ripple (XRP) is PKR 809.89, reflecting a decline from the prior day’s closing rate of PKR 827.88.Likewise, the USD valuation of Ripple has increased to $2.81, up from $2.32 recorded on August 21, 2025.Digital assets like Ripple (XRP) and Bitcoin are increasingly recognised for their decentralised architecture, reduced transaction costs, and capacity to foster financial inclusion.It offers an alternative to traditional banking systems, especially in regions with limited access to financial infrastructure.In Pakistan, interest in crypto assets like Ripple (XRP) and Bitcoin (BTC) is growing, with XRP to PKR conversions becoming a frequent metric for gauging market sentiment.Examples include Ripple (XRP), Bitcoin, Dogecoin and many others, each with its own rules and use cases.Read More: DOGE to PKR: Conversion Rate; August 22, 2025What is Ripple (XRP)?Ripple (XRP), one of the most prominent names in the cryptocurrency space, continues to make headlines as July 2025 closes with notable market activity and investor speculation. Ripple’s journey began in 2004 when Canadian engineer Ryan Fugger launched RipplePay, a peer-to-peer financial network.This platform is actively utilised by banks and other financial institutions. XRP serves as the primary currency within the Ripple network and is integrated into Ripple’s open-source framework, which is adopted by various financial organisations. Rather than competing with other cryptocurrencies, Ripple aims to enhance the traditional SWIFT infrastructure.Furthermore, XRP tokens are not generated through mining; the total supply is limited to 100 billion XRP, with only a portion circulating in the market at any given time.NOTE: The information provided is intended solely for informational and estimation purposes. It should not be relied upon for trading decisions or financial advice. Before engaging in any transactions or investment activities, please verify exchange rates and pricing with your broker. This data does not constitute investment guidance, nor does it include recommendations regarding the purchase, sale, or holding of any securities or financial instruments.