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xrpl-dev-portal/content/use-cases/tokenization/index.md
2022-12-13 16:53:36 -08:00

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XRP Ledger Use Cases

import { XRPLCardDeck, DeckCard } from "../../../_components/XRPLCardDeck";

Tokenization

These use cases focus on capabilities on the XRP Ledger for working with tokens rather than native XRP.

As a Stablecoin Issuer, I want to use the XRPL to issue my own stablecoin, taking advantage of the lower cost per transaction and decade-long stability of the XRPL. In my NFToken Marketplace, I want to use the XRPL to create a marketplace site where I can arrange transfer of a curated selection of NFTokens to consumers, with the benefit that I can build a brand and earn broker fees based on sales. Convert tokens from one currency to another on the decentralized exchange. As a Digital Artist, I want to use the XRPL to create a NFToken of my work and sell it on the XRPL, because the XRPL is both cost efficient and carbon neutral.