XRP Ledger Aims for $30B in Tokenized Assets Amid Institutional Growth
Ripple's XRP Seoul event highlighted growing institutional adoption of the XRP Ledger (XRPL), with Ripple President Monica Long discussing the shift toward on-chain financial infrastructure.
The discussion covered various aspects, including tokenized money market funds, treasury-backed repos, stablecoin payments, and 24/7 collateral mobility. One notable development is Ripple's expansion of XRPL with permissioned privacy features, lending, and yield applications using XRP and RLUSD.
Ripple has set ambitious growth targets for the XRP Ledger, including an increase in tokenized real-world assets from $6 billion to $30 billion. Additionally, AI agent transactions are projected to rise from 10 million to 100 million as institutional use of XRPL expands.