Ripple has unveiled the next phase of its roadmap for the XRP Ledger (XRPL) in relation to institutional DeFi. The roadmap focuses on tokenization, privacy, and native lending, and plans to introduce more stablecoins on the network, which is a positive for XRP’s utility.

Ripple Reveals Latest Roadmap For Institutional DeFi On The Ledger

In a blog post , Ripple noted that tokenization remains the central enabler of the XRP Ledger’s institutional strategy. Therefore, plans are in place to introduce the Multi-Purpose Token (MPT) standard by October on the network. The crypto firm explained that these MPTs are a flexible token standard that can carry essential metadata without relying on complex smart contracts.

In relation to institutional DeFi on the XRP Ledger, Ripple n

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