The title is misleading, the transfer only used Ripple as a medium of exchange and didn't use the Ripple currency XPR (called Ripples)<p>Ripple is currency agnostic.
Ripple sounds like a terrible idea. As some people aptly named it as Keynescoin.<p>I believe Mastercoin and Coloredcoins are Ripple-style ledger on Bitcoin network technologies.
The amount of new currencies is... hilarious?
Soon we'll need a new software category on <a href="https://en.wikipedia.org/wiki/List_of_software_categories" rel="nofollow">https://en.wikipedia.org/wiki/List_of_software_categories</a>