The XRP Ledger is set to activate the Multi-Purpose Tokens (MPT) amendment on October 1, 2025, introducing a new form of fungible token to streamline token management. This update will allow metadata storage directly on the ledger, enhancing efficiency in token interactions.
In addition, Enosys has launched a DeFi protocol named Enosys Loans, which enables XRP holders to mint stablecoins without selling their assets, further expanding XRP's utility in the DeFi space. The XRP ecosystem is witnessing significant growth, with nearly 4,000 new accounts created in a single day and a notable increase in futures trading volume, reflecting heightened interest from both institutional and retail investors.
XRP Ledger to Activate Multi-Purpose Tokens on October 1, 2025
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