Ripple (XRP) is a digital currency that distinguishes itself with unique features designed to facilitate fast and cost-effective cross-border transactions. Some key features of Ripple include its consensus algorithm, XRP Ledger, and focus on bridging traditional financial systems with blockchain technology.

1. Consensus Algorithm: Ripple employs a consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). Unlike traditional proof-of-work systems, RPCA does not rely on mining, making transactions faster and more energy-efficient.

2. XRP Ledger: Ripple operates on its decentralized XRP Ledger, which is an open-source blockchain protocol. The ledger facilitates the transfer of value in any form, not just the native XRP currency, making it a versatile platform for various assets and tokens.

3. Fast Transactions: Ripple is known for its high-speed transaction processing. The XRP Ledger can settle transactions in a matter of seconds, offering a significant advantage over traditional banking systems, which may take days for cross-border transfers.

4. Low Transaction Costs: Ripple aims to reduce transaction costs by eliminating intermediaries and streamlining the settlement process. This cost-effectiveness makes it an attractive option for financial institutions seeking efficient cross-border payment solutions.

5. Interoperability: Ripple is designed to be interoperable with existing financial systems, allowing it to serve as a bridge between different currencies and payment networks. This feature positions Ripple as a potential disruptor in the global financial industry.

Overall, these features contribute to Ripple's goal of revolutionizing international payments by providing a faster, more cost-effective, and interoperable alternative to traditional banking systems.