#Xrp🔥🔥 Ripple Labs, Inc. is an American technology company which offers enterprise blockchain products on the XRP Ledger and other networks. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco, California.

Ripple brought us payment solutions that upgraded us to a new direction in our payments, creating faster processes and enabling new integrations with our customers.

All assets other than XRP can be represented in the XRP Ledger as tokens.

Standard tokens are fungible: meaning, all units of that token are interchangeable and indistinguishable. Tokens can be used for cross-currency payments and can be traded in the decentralized exchange.

Tokens can also be non-fungible. Non-fungible tokens (NFTs) serve to encode ownership of unique physical, non-physical, or purely digital goods, such as works of art or in-game items.

See Fungible Tokens and Non-fungible Tokens.

Stablecoins are a common model for tokens in the XRP Ledger. The issuer holds assets of value outside of the XRP Ledger, and issues tokens representing the equivalent value on the ledger.

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