USD XUM Stable

USD XUM Stable February 20, 2023

USD XUM Stable

This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.

Basic information

Project name: USD XUM Stable
Currency: USD (USD)
Issuing account: rBxN9B3nd3YCutzJM9c44sdJmoDReJ8bPF
Distribution accounts: rsrAJb9UKhJCPtvM9wff9HdswMEwKZ6YCu

This is revision number 1, signed February 20, 2023 by rBxN9B3nd3YCutzJM9c44sdJmoDReJ8bPF

Description: Designed to modernize the traditional money.
To become the new money that is fast and efficient regardless where you are and what your social status is.

Unique selling points: What makes this token unique, compared to the broader landscape of tokens?

Using active market rate adjustment with multiple rate mapping.

Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?

Provide stable price discovery for day to day transactions.

Whitepaper/sales material:

The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.

Risk reminder: The issuer has not disclosed a warning or a reminder of the risks associated with crypto/tokens.

Bug bounty program: The issuer does not have a bug bounty program.

Sovereign Entity

The self-assessment is made by a soverign entity (i.e. not a legal entity, such as a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).


Website information: The website should disclose the following information:
  • Contact information: e-mail and other contact information
  • Core team members
  • Whitepaper if available

The website contains relevant information.

Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.

The issuer has not assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).

Self-assessment revisions
Revision 2February 20, 2023
Revision 1February 20, 2023