01What
Sends a token (an IOU issued on the ledger, like USD from a specific issuer) to another account that has agreed to hold it.
02Why you'd use it
Use it for anything denominated in something other than XRP: stablecoin payments, loyalty points, or tokens you issued yourself.
03How
- 1Enter the Destination Address.
- 2Enter the Currency Code (like USD) and the Issuer Address — a token is defined by both together, not the code alone.
- 3Enter the Amount of the token to send.
- 4Add a Destination Tag if the recipient requires one, then submit and confirm tesSUCCESS.
Watch out
- The recipient must already have a trust line to the issuer for this currency, with room under their limit — otherwise you get tecPATH_DRY or tecNO_LINE.
- USD from issuer A and USD from issuer B are different tokens. Match the issuer exactly.
- Some issuers charge a transfer fee when their token moves between holders, so slightly more may leave your balance than arrives.
- A failed payment with a tec* code still burns the XRP fee.
For example
Your company pays a designer 500 USD of a well-known stablecoin. The designer set up a trust line to that issuer last week, so the payment lands instantly — no bank wire, no 3-day wait.