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Ripple plans to launch new token standard MPT on XRP Ledger this month
2024-09-02 14:22:28
Odaily News Ripple will launch a new token standard "MPT" on XRP Ledger this month, aiming to enhance its support for real-world assets (RWA). Jasmine Cooper, Ripple's DeFi product lead, explained that MPT is designed specifically for RWA and can store metadata directly with assets. This integration enhances the scalability and flexibility of XRPL, making it more suitable for institutional use cases and lowering the entry barrier for these organizations. (The Crypto Basic)