About UrsaDeFi

UrsaDeFi is an invoicing app on the XRP Ledger. RLUSD is the default settlement asset, and USDC and XRP are also supported.

Key facts

Product: UrsaDeFi is an invoicing app on the XRP Ledger.
Who it is for: UrsaDeFi is for creators and freelancers who want to bill clients in US dollars and get paid on the XRP Ledger.
Sign-in: You sign in with Xaman, the XRPL wallet app, so there's no password.
Settlement: RLUSD is the default settlement asset, and USDC and XRP are also supported.
Platform fee: The platform fee is 1% of the service amount, rounded to the cent, with no minimum fee.
Minimum invoice: Invoices start at $25 of service amount.
Who pays the fee: Your client pays the invoice total, which is the service amount plus the 1% fee. After your client pays, you send the 1% fee to UrsaDeFi as a separate XRPL payment, signed in Xaman, in RLUSD (default) or XRP.
Keys and payments: Client payments go wallet to wallet on the XRP Ledger. You sign in Xaman. UrsaDeFi doesn't receive your keys.
Tax and legal: UrsaDeFi doesn't give tax or legal advice.

Sign in and create an invoice. You sign in with Xaman, the XRPL wallet app, so there's no password. Bill in US dollars, with line items for the work. Invoices start at $25 of service amount.
Your client pays on the XRP Ledger. Your client pays by approving an XRPL payment in Xaman for the invoice total. RLUSD is the default settlement asset, and USDC and XRP are also supported. UrsaDeFi checks the XRP Ledger and marks the invoice paid automatically once the payment appears in a validated XRPL transaction. You can also mark an invoice paid by hand; the 1% fee is still due either way.
Settle the 1% fee. After your client pays, you send the 1% fee to UrsaDeFi as a separate XRPL payment, signed in Xaman, in RLUSD (default) or XRP. The platform fee is 1% of the service amount, rounded to the cent, with no minimum fee.