# Ravencoin Restricted Asset Stablecoin Issuance

**Why Ravencoin?**

Back in 2019, due to high fees on the Ethereum blockchain and the lack of Ethereum Layer 2 solutions, Perper.net decided to deploy its stablecoin, for the test purposes at that time, on the [Ravencoin blockchain](https://ravencoin.org). Ravencoin's features, such as tagged addresses and restricted assets, offered the necessary functionalities for centralized operations — similar to those available on Ethereum via EVM SC, but at significantly lower costs.

You can explore the Perper stablecoin asset on the Ravencoin blockchain at this address: [Perper Asset on Ravencoin](https://ravencoin.asset-explorer.net), Enter #PERPER


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