Ripple CEO Brad Garlinghouse lauded the XRP community for their unwavering support during the XRP Seoul 2025 event on September 21, despite a nearly 10% decline in XRP's price since September 19, with the cryptocurrency currently trading at $2.82. Garlinghouse emphasized the community's enthusiasm and resilience in the face of market fluctuations. At the event, Midas and Interop Labs unveiled mXRP, a new mechanism designed to offer 8% returns on dormant XRP holdings. Additionally, on September 23, Ripple announced a partnership with Securitize to develop a smart contract aimed at facilitating the exchange of tokenized funds into RLUSD, further expanding Ripple's ecosystem.