What does the Bible say about redemption through the blood of Christ?

The Bible emphasizes that redemption comes solely through the blood of the Son of God, as stated in Colossians 1:14, where it says, 'In whom we have redemption through his blood, even the forgiveness of sins.' Redemption implies a payment of a debt; we were in debt to God due to our sins. As noted in Matthew 20:28, Jesus came to serve and give His life as a ransom for many, making Him the necessary payment—the only sacrifice sufficient to satisfy God’s justice. Without His blood, there can be no forgiveness (Hebrews 9:22). Therefore, redemption through Christ's blood is central to the gospel, as it assures us of our freedom from sin and our acceptance with God.