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XRPL Tokenization Could Add XRP Uses, but Demand Hinges on Activity

XRPL Tokenization Could Add XRP Uses, but Demand Hinges on Activity

Photo: TokenPost

Tokenized assets and a proposed lending protocol could increase ways to use XRP on the XRP Ledger, but any added demand would depend on the accounts, ledger objects and payment activity they generate. Each account requires a 1 XRP base reserve. Every ledger object an account owns adds 0.2 XRP, and trust lines, offers and escrows can increase the reserve requirement. More tokenized assets would affect XRP reserves only if they lead to additional accounts or objects that require them.

Source: TokenPost

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