menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

Tokenized ...
source image

Crypto-News-Flash

3w

read

308

img
dot

Image Credit: Crypto-News-Flash

Tokenized Gold on XRPL? Why This Could Send XRP Price Exploding

  • Tokenization of gold on the XRP Ledger (XRPL) has the potential to increase demand for XRP and lead to a significant price surge.
  • Ripple partnered with Meld Gold to launch two stablecoins backed by gold and silver on the XRPL.
  • Tokenized gold would drive banks, institutions, and asset managers into the XRPL network, increasing liquidity and strengthening the XRPL.
  • The potential use of XRP as collateral for loans and in DeFi on the XRPL could further boost its value.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app