DEFINITION of ' Ripple ( Cryptocurrency )' Ripple is a technology that acts as each a cryptocurrency and a digital payment network for monetary transactions. Ripple was free in 2012 and co-founded by Chris Larsen and Jed McCaleb. The coin for the cryptocurrency is premined and labeled XRP . ETC won’t be able to implement that as a result of their computer code merely doesn’t permit the employment of updates this coin've saved our business! i would be lost while not XRP. i'd be lost while not XRP.