mXRP, a yield-bearing liquid staking token for XRP, has attracted nearly $30 million in deposits just two weeks after its launch. The token, issued by Midas and utilizing Axelar's cross-chain network, enables XRP holders to bridge their assets to the XRPL EVM and earn on-chain, delta-neutral yield. Managed by Hyperithm under an EU-approved license, mXRP connects to over 80 blockchains through Axelar, offering extensive cross-chain capabilities.
mXRP Secures $30M in Deposits Within Two Weeks of Launch
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