Mercado Bitcoin has integrated $200 million in real-world assets on the XRP Ledger, including fixed income and equity instruments.
This move marks a wave of institutional blockchain adoption in Latin America and strengthens Ripple's global financial push post-legal victory in 2023.
The integration announcement by Mercado Bitcoin coincides with Ripple's legal dispute with the U.S. Securities and Exchange Commission, although XRPL now supports tools like Multi-Purpose Tokens.
The XRP Ledger software update 2.5.0 has gone live, and Mercado Bitcoin's integration with XRPL signifies a growing role in cross-border finance, showcasing Latin America's attention to blockchain.