A new product was launched at XRP Seoul 2025, designed to act as a constant buyer of XRP. At the event, Midas and Interop Labs announced the start of mXRP, a tokenized version of XRP that can earn yield while staying fully transferable. The model recycles returns back into XRP, which experts say could generate intense yearly buying pressure and help support the market.

mXRP Launch To Create Constant Demand For XRP

The mXRP token is created as an ERC-20 asset on the XRP Ledger’s EVM sidechai n, allowing holders to use it across various DeFi platforms. Unlike other XRP yield products that keep funds inside closed accounts, mXRP is transferable and can move across lending pools, liquidity venues, and other platforms.

The primary goal of mXRP is to utilize XRP tokens that

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