XRP Ledger’s Role in Real-World Asset Tokenisation
- The XRP Ledger was capable of tokenizing assets like gold over a decade ago.
- Major financial firms such as BlackRock and Franklin Templeton are entering the tokenisation space.
- The XRP Ledger can handle approximately 129 million transactions per day under normal conditions.
- A stress test in 2021 pushed the XRPL to over 50,000 transactions per second, equating to roughly 4.3 billion transactions daily.
- Currently, the XRPL processes about one million transactions daily, less than 1% of its capacity.
XRP Ledger’s infrastructure could play a crucial role as financial institutions focus on tokenising real-world assets, given its existing capabilities and high transaction throughput potential.
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