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Guide to XRP
General

Stablecoin

A token designed to track a currency such as the US dollar.

Stablecoins are widely used as the quote asset in crypto trading and as a settlement leg in payments.

Ripple issues RLUSD, a dollar stablecoin, on the XRP Ledger and on Ethereum.

Related terms

Issued currency

A token issued on the XRP Ledger by an account, such as a stablecoin.

RLUSD

Ripple's US dollar stablecoin, issued on the XRP Ledger and Ethereum.

More in General

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