#USCryptoResurve $XRP
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 on the XRP Ledger have also been called "IOUs" (as in I-owe-you) and "issued currencies" in the past. However, these terms are not preferred because they do not cover the full range of digital assets that XRP Ledger tokens can represent.. 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.
