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Stablecoinsin Cryptocurrency
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Tether's USDT reaches a $160B market cap as major financial institutions like Bank of America and Morgan Stanley embrace stablecoins, signaling growing mainstream adoption and trust in crypto's role as a digital dollar.

Ripple Pushes New Standard To Transform XRP Ledger Tokens

BitcoinistThursday, July 17, 2025 at 4:00:31 PM
PositiveCryptocurrencyCryptocurrency Innovation
Ripple Pushes New Standard To Transform XRP Ledger Tokens
Ripple's tech team, RippleX, is proposing a new standard to streamline how tokens on the XRP Ledger—specifically Multi-Purpose Tokens (MPTs)—are organized and used. The draft standard, dubbed XLS-0089d, would assign consistent metadata (like ticker symbols) to these tokens, making them easier to identify and integrate across platforms. Think of it like adding universal barcodes to products in a warehouse—everything becomes smoother to handle.
Editor’s Note: This move could make the XRP Ledger more developer-friendly and scalable, which matters because clearer standards often lead to wider adoption. If MPTs become easier to work with, we might see more projects building on XRP’s infrastructure—potentially boosting its utility in the crowded crypto space. It’s a nerdy but important step for Ripple’s ecosystem.
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