🔍 Ripple Proposes New Metadata Standard for Multipurpose Tokens on XRP Ledger

📢 Ripple developers have introduced a game-changing proposal aimed at improving the discoverability, integration, and overall utility of Multipurpose Tokens (MPTs) on the XRP Ledger.

📊 With the current MPTs relying on a free-form metadata field, consistency and interoperability have long been a challenge. RippleX's new metadata standard is designed to solve this—bringing structure, clarity, and scalability to how tokens are identified and utilized within the ecosystem.

💡 Why it matters:

✅ Enhances token discoverability for wallets, dApps, and explorers

✅ Promotes seamless integration across platforms

✅ Supports wider adoption of the XRP Ledger in tokenized ecosystems

🌐 As Web3 and real-world asset tokenization scale, standards like these are crucial for building a more robust, developer-friendly, and interoperable blockchain infrastructure.

#Ripple #XRP #XRPledger #Web3 #CryptoNews

https://coingape.com/ripple-developers-propose-new-metadata-standard-on-xrp-ledger-for-mpts/?utm_source=bnb&utm_medium=coingape