Real world assets (RWA) PROJECT FOCUSED MIDAS AND INETIP LABS presented MXRP, an attempt to channel the latent XRP supply in performance structures that could deliver yields of up to 8%.
Announced in XRPL Seoul 2025 on Monday and launched as the first liquid stable product directly linked to the XRP ecosystem, the product is stun in XRPL EVM through audited contracts. XRP is united and wrapped in the framework of Midas tokenized certificate.
MXRP can be used as a structured vehicle that users can place in existing decentralized finances (Defi) Infrastructure, with early strategies that include the market and liquidity supply.
The directed net yields are established in the range of 6% to 8%, with the fluctuating results depending on the performance of the underlying strategy.
“Much of the XRP supply has been inactive for years; MXRP provides a transparent mechanism for users to access strategies in the chain,” said Dennis Dinkelmeyer, co -founder and CEO of Midas. “With a strong community demand and defi integrations, we believe that MXRP can play a key role in unlocking new use cases for XRP.”
The MXRP Token is fully integrated into the EVM XRPL ecosystem in the launch and can be implemented in the DEFI protocols, such as loan markets and native integrations, to access additional opportunities.
