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Ripple : Banks creating their own token on ripple xrapid?

Ripple update: Banks creating their own token on ripple xrapid?


Hi 🙂

I heard from a colleague at work that banks will be able to create their own token – instead of xrp – on the ripple xrapid platform. Is this possible? This seems wrong to me.

So basically, is there a coupling between the xrapid ledger and the xrp token (which is the case in all cryptocurrencies I know of) ?

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About Ripple (XRP)



Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: omrip34

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