Ripple announces the launch of the new token standard on XRP Ledger

#Ripple will launch a new token standard on the #XRPLedger this month. A new standard called "multi-purpose tokens" (MPTs) and designed for real-world assets, enabling the storage of metadata directly with the asset. This innovation will enhance the scalability and flexibility of XRP Ledger, making it more suitable for institutional use cases and lowering the barrier to entry for organizations.

XRP Ledger is an open-source, public and decentralized #Layer1 blockchain led by a global developer community.

👉 thecryptobasic.com/2024/09/02/ripple-launching-new-token-standard-on-xrp-ledger/#:~:text=Ripple%20is%20set%20to%20launch,purpose%20tokens