What is XRP Ledger Used For?

Krutika Adani

Cross Border Payments

The primary application of XRP Ledger is to process all the cross-border settlements of banks that use Ripple.

Ripple ODL

Ripple’s on-demand liquidity (ODL) business also relies on XRPL for swapping currency pairs.

Ripple’s RWA Initiatives

Ripple’s latest venture into the RWA space with Abrdn’s 3.8 billion pound fund also uses XRPL to tokenize the fund.

Issuing RLUSD Stablecoins

RLUSD is Ripple’s native stablecoin and is issued on XRPL blockchain.

Learn more