> For the complete documentation index, see [llms.txt](https://truegems.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://truegems.gitbook.io/docs/way-to-fassets-nft-collection/what-is-fassets.md).

# What is FAssets

Developed by [Flare Labs](https://flarelabs.org/), FAssets brings verifiable economic security to BTC, XRP, and DOGE, enabling decentralized finance for these non-smart contract tokens on Flare. FAssets allows users to mint ERC-20 versions of these tokens in a trustless manner, unlocking their DeFi potential within dApps on Flare and other chains.

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Try FAssets on Coston(testnet): <https://fasset-beta.flarelabs.org><br>