Cryptocurrency Q&A
Do you need XRP to use XRPL?
Do you need XRP to use XRPL?
GyeongjuGlory
Wed Dec 11 2024
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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?
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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.
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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.
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DaeguDiva
Thu Dec 12 2024
For instance, assets like USD, EUR, Oil, and Gold can be represented on the XRPL.
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Isabella
Thu Dec 12 2024
Additionally, other types of assets such as reward points and loyalty programs can also be tokenized on this ledger.
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