🔍 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