XRP Ledger first launched in June 2012
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Rector posted about tokenized metals on XRPL, which are fully redeemable, and asked if any other blockchain does this yet. This prompted Schwartz to share his story of redeeming physical silver through XRP Ledger.'Rich Dad Poor Dad' Author Names Best Assets for Your Money Bitcoin Loses $100,000: What's Next? Ethereum To Never See $4,000? Solana Great Reset Is Incominghow he redeemed silver dimes on XRPL in 2013, explaining the process in response to another X user:"A guy has a huge bunch of silver dimes. So he created a gateway. You send him dimes and he gives you a DYM balance on the ledger. I bought DYM for XRP and redeemed it for a roll of silver dimes.
Last month, Ripple announced the launch of the first tokenized money market fund on XRP Ledger via the Archax collaboration, comprising asset manager Abrdn’s $4.77 billion U.S. dollar liquidity fund.went live on global exchanges Dec. 17, 2024, marking a significant milestone for Ripple and the XRP community. Issued on XRP Ledger and Ethereum, the Ripple USD stablecoin heralds a new chapter for XRP Ledger.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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