XRPL Issued Asset
Sovereign Assets • Layer 1s • Payment Networks
trustline-based token on XRP Ledger
XRPL Issued Asset refers to any custom digital token created and managed on the XRP Ledger (XRPL) by third-party issuers, rather than being the native XRP coin itself. These assets—sometimes called IOUs—can represent stablecoins, utility tokens, digital dollars, silver, gold, or anything else, and are made possible via XRPL’s built-in trustline and issuer system. Users must establish trustlines to interact with specific assets, and each asset is linked to an issuing account’s address.
Use Case: A fintech company issues a USD-backed stablecoin on XRPL, allowing users to hold and transfer “USD” as an XRPL-issued asset, with all transactions settled on the ledger.
Key Concepts:
- Smart Contract Token — XRPL-issued assets are programmable tokens managed by issuer accounts
- Token Standard — XRPL supports unique standards like IOU (issued currency) and XLS-20 (NFTs)
- Fungibility — Most XRPL issued assets are fungible, though XLS-20 supports NFTs
- Custom Minting — Issuers control creation and supply of new assets
- XRPL System Overview — Complete architecture of the XRP Ledger ecosystem
- Native Asset — XRP is the native asset; issued assets require trustlines
- $RLUSD — Ripple’s USD-backed stablecoin issued on XRPL
- AMM — XRPL’s native automated market maker supports issued assets
- NFT — XLS-20 standard enables non-fungible issued assets
- Token Interoperability — Issued assets can interact across XRPL ecosystem
- $XRP — Native asset used for fees and bridging on XRPL
Summary: XRPL issued assets unlock tokenization, stablecoins, and programmable value on the XRP Ledger. By enabling any entity to create digital representations of real-world or synthetic value, they expand the network’s utility far beyond native XRP.
How Trustlines Work
the foundation of XRPL issued assets
• Permission to hold an issued asset
• Explicit link to issuer’s address
• Sets maximum balance you’ll accept
• Required before receiving tokens
• Reserves 2 XRP per trustline
• Can be removed when balance = 0
• Prevents spam tokens in wallet
• User controls what they hold
• Defines issuer relationship
• Enables counterparty transparency
• Protects from unwanted assets
• Built-in consent mechanism
• Use Xaman wallet
• Find issuer’s address
• Add trustline for specific asset
• 2 XRP reserve locked
• Ready to receive tokens
• Can set custom limits
• Issuer can freeze assets
• Issuer can clawback (if enabled)
• Issuer reputation matters
• Check issuer’s freeze settings
• Verify asset is legitimate
• Research before trusting
Popular XRPL Issued Assets
notable tokens on XRP Ledger
XRPL Issued Assets vs ERC-20 Tokens
comparing token standards across chains
Creating an XRPL Issued Asset
step-by-step token issuance
XRPL Issued Asset Checklist
☐ Research issuer reputation
☐ Verify issuer address
☐ Check freeze/clawback settings
☐ Understand asset purpose
☐ Confirm you have 2 XRP reserve
☐ Use official sources for addresses
☐ Track trustlines in wallet
☐ Monitor issuer announcements
☐ Remove unused trustlines
☐ Check balances regularly
☐ Understand AMM opportunities
☐ Know how to trade on DEX
☐ Use Xaman or trusted wallet
☐ Store XRP in hardware wallet
☐ Tangem for mobile access
☐ Never share seed phrase
☐ Verify transactions before signing
☐ Watch for scam tokens
☐ Plan tokenomics carefully
☐ Document issuer address publicly
☐ Consider regulatory implications
☐ Set appropriate account flags
☐ Separate cold/hot wallets
☐ Maintain community trust