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XRP Ledger Surpasses $1 Billion in Tokenized Commodities

Ripple’s blockchain reaches a milestone as tokenized commodity assets hosted on the XRP Ledger exceed $1 billion in value.

XRP

Summary

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Terms & Concepts
  • Tokenized Commodities: Physical commodities such as gold or oil represented as digital tokens on a blockchain, enabling easier transfer and trade.
  • XRP Ledger: A decentralized blockchain developed by Ripple for fast and low-cost transactions, supporting tokenized assets.