Ripple CTO David Schwartz Explains Fungibility of USD Tokens on XRP Ledger

1 min read

11 months ago bitnews

Can the XRP Ledger (XRPL) support multiple tokens with identical names? Ripple CTO David Schwartz recently tackled this intriguing question. Schwartz’s insights delve into the original design principles of the XRPL, particularly its approach to handling USD-denominated tokens. The explanation underscores the concept of token fungibility within the XRPL, ensuring smooth transactions across the ecosystem.