Many people don't realize that the XRP Ledger has been a multi-asset blockchain since day one. Long before Ethereum popularized ERC-20 tokens and NFTs, the XRPL had a native DEX capable of trading any tokenized asset. Today, XRPL's NFT and token ecosystem is mature and growing rapidly.
XRPL NFTs: The XLS-20 Standard
XRPL NFTs: The XLS-20 Standard
Native NFTs on the XRP Ledger use the XLS-20 standard, activated in late 2022. Unlike Ethereum NFTs (ERC-721), XRPL NFTs leverage the ledger's built-in objects system — making minting, burning, and trading NFTs extremely efficient.
Minting an NFT on XRPL costs a fraction of a cent. Trading uses the built-in DEX and NFT-specific offer and trade mechanisms, completely eliminating the gas fee volatility that plagues Ethereum NFT marketplaces.
- ✓Minting cost: <$0.001 per NFT
- ✓Supports royalties: creators earn on every secondary sale
- ✓Transferable and non-transferable NFT options
- ✓Built-in marketplace mechanics (no smart contract needed)
- ✓Compatible with Xaman wallet and major XRPL explorers
XRPL Custom Tokens (IOUs / Issued Currencies)
XRPL Custom Tokens (IOUs / Issued Currencies)
Any entity with a funded XRPL account can issue custom tokens — called Issued Currencies or IOUs. These are similar to ERC-20 tokens on Ethereum and can represent anything: stablecoins, tokenized assets, loyalty points, or governance tokens.
Ripple's RLUSD (Ripple USD) is an official USD-pegged stablecoin issued natively on the XRPL, providing a compliant, regulated bridge between the traditional financial system and XRPL DeFi.
XRPL NFT & Token FAQs
Explore the Expanding XRPL Ecosystem
The XRPL ecosystem is growing fast — DeFi, NFTs, stablecoins, and more. Get involved by mining XRP on MineXrpOnline and using your earnings in the growing XRPL DeFi space.
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