Gold and Silver Tokens Ready to Launch on XRP Ledger.
In a significant move for the digital asset ecosystem, Meld Gold has teamed up with Ripple to introduce a stablecoin backed by Gold and Silver on the XRP Ledger.
These tokens, each representing one gram of the precious metal in question, will be fully redeemable for physical bullion, aiming to bring the traditional value of precious metals into the digital realm.
The partnership between Meld Gold and Ripple is set to revolutionize the way precious metals are traded and managed using blockchain technology.
An official statement from Meld Gold revealed that the tokens will be backed by leading custodian providers MKS Pamp and Imperial Vaults, ensuring the highest standards of security and trust.
The launch is scheduled for Q3 2024, marking an important milestone in blockchain adoption for real-world asset (RWA) tokenization.
