Cryptocurrency Q&A
Do you need XRP to use XRPL?
Do you need XRP to use XRPL?
GyeongjuGlory
Wed Dec 11 2024
|
6
answers
1753
I'm wondering if it's necessary to have XRP in order to utilize the XRPL. Is XRP a requirement for transactions or other activities on the XRPL network, or can I use the network without it?
6 answers
NavigatorEcho
Fri Dec 13 2024
Can currencies other than XRP be traded through XRPL?
Was this helpful?
399
29
Enrico
Fri Dec 13 2024
The answer to this question is yes. The XRP Ledger has been designed with the capability to tokenize various assets.
Was this helpful?
393
72
Raffaele
Fri Dec 13 2024
This means that it is not limited to just the XRP currency. Instead, it can be used to tokenize other forms of value.
Was this helpful?
72
21
DaeguDiva
Thu Dec 12 2024
For instance, assets like USD, EUR, Oil, and Gold can be represented on the XRPL.
Was this helpful?
361
72
Isabella
Thu Dec 12 2024
Additionally, other types of assets such as reward points and loyalty programs can also be tokenized on this ledger.
Was this helpful?
340
97
Load 5 more related questions
