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By Krisztian Sandor. Ripple is an open-source platform used to create applications for international money transfers and other payment services. Unlike fiat currencies that can take days to send, XRP transactions usually take around 3 seconds. So if, for example, there are no market makers on the network willing to trade shekels for shillings, one can sell the shekels for XRP and then use XRP to buy shillings. ADA Cardano.