XRPL chain
Overview
The XRP Ledger (XRPL) is a decentralized, open-source blockchain designed for fast, low-cost cross-border payments and token issuance. It uses a unique consensus algorithm (XRP Ledger Consensus Protocol) rather than proof-of-work or proof-of-stake. The ledger's native asset is XRP, which serves as a bridge currency and anti-spam mechanism.
Within the DeFi Intel graph, XRPL connects to 6 tracked entities, most strongly to USD Coin, Ripple USD, XSGD.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | USD Coin | 95% |
deployed_on | Ripple USD | 95% |
deployed_on | XSGD | 95% |
deployed_on | Quantoz USDQ | 95% |
deployed_on | OpenEden TBILL | 95% |
integrates_with | Hidden Road | 90% |
Frequently asked questions
What is the XRP Ledger?
The XRP Ledger (XRPL) is a decentralized, open-source blockchain designed for fast, low-cost cross-border payments and token issuance. It uses the XRP Ledger Consensus Protocol instead of proof-of-work or proof-of-stake.
What is the native asset of the XRP Ledger?
The native asset of the XRP Ledger is XRP, which serves as a bridge currency and anti-spam mechanism.
What assets are deployed on the XRP Ledger?
Assets deployed on the XRP Ledger include USD Coin, Ripple USD, OpenEden TBILL, Quantoz USDQ, and XSGD.