What is USRP for GNU Radio?
The USRP Source Block is used to stream samples from a USRP device (i.e. act as the receiver). There is no need to use a Throttle block when a hardware source like a USRP Source is used, because the USRP acts as the throttle. There are two methods of setting parameters and adjusting them while running.
What can you do with GNU Radio?
GNU Radio has been used for a huge array of real-world radio applications, including audio processing, mobile communications, tracking satellites, radar systems, GSM networks, Digital Radio Mondiale, and much more - all in computer software. It is, by itself, not a solution to talk to any specific hardware.