Ripple XRPL

The XRP Ledger is a blockchain developed by Ripple for fast and efficient cross-border payments, settling transactions in seconds. It uses a consensus protocol that doesn't rely on mining, making it energy-efficient and scalable. Banks and financial institutions use it to facilitate international transfers with minimal costs.

The native token, XRP, acts as a bridge currency for liquidity in payments and is used to pay tiny transaction fees. The ledger emphasizes speed and low volatility for real-world finance applications. Ripple's network aims to revolutionize traditional banking by integrating blockchain technology.