What Is Limited USD (LUSD)?

The unlimited supply of the U.S. Dollar (USD) in circulation and printing in 2021 have caused inflation and further decreased the USD’s value. Introducing Limited USD (LUSD) - a cryptocurrency with a maximum supply of one billion coins. LUSD was created on December 8, 2021 on the XRP Ledger (XRPL), which is one of the most advanced, secured and decentralized blockchain networks in the world with the fastest transaction time and cheapest fee.

LUSD is also one of the cryptocurrencies under the Limited Currency group that is managed and operated by a community of cryptocurrency enthusiasts, with a mission to make the USD and other countries’ currencies great again.

Who are the founders of Limited USD (LUSD)

The Creator of LUSD and also the Founder of Limited Currency group is a proud retiree from the U.S. Army and the U.S. Department of State, with 25 years of public services serving around the world.

What Makes LUSD Unique?

The founder keeps 7% and wishes to donate the other 93% of the Limited Currency supplies to the general public through airdrops and rewards, and to those helping its ecosystem grow.

There are still other 179 known fiat currencies in the world the community will eventually create. They had voted and the Limited Euro (LEUR) will be airdropped next. To qualify for the LEUR airdrops, one needs to hold a minimum of 50,000 LUSD for the first 300 million LUSD airdrop and a minimum of 100,000 LUSD for the second 200 million LEUR airdrop.

The current airdrop and distribution method helps stabilize LUSD price and pave the way for the other Limited Cryptocurrencies to grow and be on the same level playing field.

Limited Currency is a unique project on the XRPL. The USD has always been used as stablecoins, where their values remain stable at one dollar each.
Limited USD (LUSD) is the first USD coin as a cryptocurrency, where its value could be worth more than a dollar depending on the demand and supply for its one billion coins.