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HomeCrypto NewsMarketEdge Wallet Enables Support for Stablecoins on XRP Ledger

Edge Wallet Enables Support for Stablecoins on XRP Ledger


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Edge Wallet integrates stablecoins on the XRP Ledger (XRPL), allowing users to hold XRP Ledger stablecoins in their accounts.

In a recent development for crypto enthusiasts, Edge Wallet, a popular digital wallet provider, has announced the integration of stablecoins on the XRP Ledger. This move brings enhanced functionality and convenience to Edge Wallet users, allowing them to hold stablecoins on XRP Ledger.

The development also highlights the growing significance of the XRPL ecosystem, with RippleXDev, the development team behind XRP Ledger, actively fostering partnerships and collaborations to promote the adoption of XRPL.


Also, Edge Wallet shared the update on its official Twitter account, expressing enthusiasm about the integration. With the inclusion of stablecoins, Edge Wallet aims to provide its users with access to a broader range of assets to diversify their crypto holdings.

To add XRP and XRPL Stablecoins on Edge wallet:

  1. Tap the “Add Wallet” sign on the wallet list scene.
  2. Create an XRP wallet by selecting XRP and following the prompts.
  3. Note that a minimum of 10 XRP reserves will be locked as per the XRP chain rules.
  4. Within the XRP wallet, tap the gear icon to access wallet options.
  5. Tap “Add/Edit tokens” to enable the stablecoins you want (e.g., EUR.gh, USD.bs, USD.gh, USD.st).
  6. Return to the wallet list after enabling the desired stablecoins.
  7. Tap on a newly added token (e.g., USD.bs) to activate it.
  8. Confirm and pay a small fee in XRP to activate the token.
  9. Once the payment is complete, the tokens are ready to use.

Stably USD (USDS) is a stablecoin on the XRP Ledger backed 1-to-1 by U.S. Dollars held in regulated custodian accounts. Stably, based in Seattle, has partnered with exchanges and wallets to facilitate USDS trading on the XRPL.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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