💸 FXSafe: Smart Stablecoin Remittance Wallet Using RLUSD

FXSafe is a blockchain-based remittance wallet designed for migrant workers to send RLUSD (on-ledger stablecoin) to family back home, with automatic FX conversion into local IOUs (e.g., PHP, MYR, IDR) using XRPL's AMM and Path Payment features.

🚀 Features

Feature Purpose RLUSD Stablecoin to avoid volatility Path Payment + AMM Automatic FX conversion IOU Tokens (e.g., MYR, PHP) Recipient receives local currency IOUs Escrow (Optional) Lock funds until recipient confirms XLS-20 NFT (Optional) Digital proof of remittance Multilingual UI + QR Easy access for low-literacy users

🖥️ Live Demo and Screenshots

fxsafe.demo.mp4

How to use:

1. Install node.js
2. cd to root folder
3. npm install
4. npm install chart.js react-chartjs-2
5. npm run dev

Getting Started

1. Clone the repository
2. Install dependencies:
3. npm install
4. Run the development server:
5. npm run dev
6. Open http://localhost:3000 in your browser

🔐 Key Security Features

Escrow/Hooks Support: Optionally lock funds until the recipient acknowledges receipt.

NFT Receipts (XLS-20): Mint a digital proof of remittance for each transaction.

AMM Path Payments: Fair FX rates and deep liquidity.

Wallet Connect via XUMM: Safe signing through trusted interfaces.

🛠️ Tech Stack

Layer Tool Purpose Frontend React + Vite + TailwindCSS Fast UI development Wallet xumm-web-sdk QR sign-in and TX signing XRPL Integration xrpl.js Handle AMM & payments Backend (optional) Node.js + Express Quote generation & receipts Deployment Vercel (frontend), Render (backend) Easy, free deployment

🧩 System Flow

1. Visit Site: User lands on FXSafe web app

2. Connect Wallet:

   a. If new: generate XRPL wallet + store encrypted seed

   b. If existing: connect via XUMM

3. Create Session: User profile + login session created

4. Dashboard: Show wallet balance and transaction history

5. Initiate Transfer: User enters amount & selects currency

6. Quote FX Rate: Find path + display swap rate

7. Confirm & Sign: User signs transaction via XUMM

8. Swap & Send: RLUSD converted + IOU sent to family

9. Optional Receipt: Mint NFT as remittance proof

🧠 Future Plans

Offline Support: Local agent kiosks to assist users without smartphones

Multilingual Interface: For wider accessibility

Local Bank Partnerships: Enable IOU cash-out in rural regions

🧾 Summary

FXSafe gives migrant workers a better way to send money:

✅ Faster: On-ledger, near-instant transactions ✅ Cheaper: Transparent FX rates with minimal markups ✅ Safer: Escrow and receipt proof protect against fraud ✅ Flexible: Direct IOUs in local currencies

🌍 We bridge the speed and transparency of crypto with the real-world utility of local payouts.

📚 Learn More

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🧑‍💻 Authors

Jared, Wei Xiang, Akash, Flash & Wen Bao → Built at XRPL Developer Hackathon