Topic · 3 insights · 3 how-tos
XRP, RLUSD and FXRP: XRP Ledger Guides
On the XRP Ledger, XRP is the native asset and every other token, including Ripple's RLUSD and Circle's USDC, is an issued token that you hold through a trust line: a one-time, signed permission to hold one currency from one issuer. Each trust line locks a small XRP reserve, which is returned if you remove it.
SpendTheBits holds XRP, RLUSD and USDC on the XRP Ledger from the same recovery phrase as every other chain, and hard-codes the official issuers so a look-alike token cannot be added by mistake. FXRP is XRP bridged to the Flare network through FAssets, which lets XRP be used in Flare's DeFi, including the Firelight vault that Earn can route to.
- Trust line setup: one TrustSet transaction per token, signed on your phone.
- Reserve per trust line: locked, not spent, and refunded if the line is removed.
- Issuers: the official RLUSD and USDC issuers only.
- FXRP: XRP on Flare via FAssets, redeemable back to XRP.
Insights
· 7 min read
RLUSD vs USDC on the XRP Ledger: Trust Lines Explained
RLUSD vs USDC on the XRP Ledger: both are issued tokens, so each needs a trust line and locks 0.2 XRP of reserve. Here is what actually differs.
· 7 min read
What is FXRP? XRP on Flare through FAssets
Learn how FXRP bridges XRP to Flare trustlessly using the FAssets system, and explore how to mint, redeem, and hold it securely.
· 7 min read
stXRP Staking on Firelight: Earn Points and Prepare for Coverage Yields
Learn how Firelight stXRP staking works, how points accrue in the launch phase, and how the non-custodial SpendTheBits wallet secures your yield journey.
How-to guides
- How to receive crypto in SpendTheBits3 min · step by step
- Which chains and tokens are supported3 min · step by step
- How to earn yield on USDC without giving up custody5 min · step by step
In the product: The wallet · Earn
Try it with your own keys.
SpendTheBits is a fully non-custodial wallet, free on iOS and Android.