$XRP Ripple focuses primarily on cryptocurrencies and harnesses the power of blockchain technology, a decentralized system used to verify cryptocurrency transactions. Ripple aims to simplify and accelerate cross-border payments, and this is achieved through its native cryptocurrency, XRP. Additionally, Ripple introduced the XRP Ledger (XRPL), a decentralized public blockchain, aiming to provide financial institutions, businesses, and governments with a seamless and efficient means of transferring money globally. Unlike most other cryptocurrencies, XRP operates without the need to rely on miners or stakeholders—entities responsible for solving complex puzzles, verifying transactions, and adding them to the blockchain. Instead, it relies on a network of trusted validators and uses a unique consensus protocol, a mechanism used to establish security and consensus within a decentralized network to verify the legitimacy of transactions. Additionally, one of the most notable features of the XRP cryptocurrency is that it is environmentally friendly when compared to Proof of Work, as it consumes much less energy and produces no carbon emissions.