What is RLUSD?
RLUSD is a type of stablecoin that maintains a 1:1 peg with the US dollar. Designed to address the high volatility of cryptocurrencies and bridge the gap between fiat currencies, RLUSD facilitates efficient transactions and enables seamless cross-border payments.
How do you add tokens on the XRP Ledger?
Just like you can use ERC-20 tokens on the Ethereum mainnet alongside $ETH, the XRP Ledger mainnet allows the use of assets other than $XRP by enabling a Trust Line. Once a Trust Line is activated, you can interact with and hold various tokens issued on the XRP Ledger. (Link more)
1) Click “Add Token” from a wallet activated on the XRPL
To activate the XRP Ledger on Girin Wallet, a Base Reserve of 1 $XRP must be deposited.
2) Enter the Issuer Address and Token Ticker for RLUSD
Issuer Address is similar to a Contract Address when adding a token on the Ethereum mainnet.
3) Enter your password and click “Confirm”
→ RLUSD is now activated
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