Ripple CTO: third-party cryptocurrency may launch on XRP Ledger

Ripple CTO David Schwartz said that Ripple is working on new features to extend the capabilities of the ledger and allow third-party users to introduce new cryptocurrencies into the XRP ecosystem. Although Schwartz did not elaborate on the exact meaning of the new feature, he did say it could be used to launch fixed value tokens on XRP Ledger. Stablecoin is a use case, but it is not limited to stablecoins, it is essentially an asset linked to some external value.