Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.
Institutions Are Taking Notice
According to Jasmine Cooper, RippleX Head of Product, the effectiveness of XRPL is one of the major reasons institutional investors are drawn to it. Institutional asset issuers and investors are using XRPL more because of its speed and reliability.
For example, OpenEden has recently hit milestones in tokenizing US Treasury bills on the platform. Institutional investors are purchasing these tokenized assets that desire access to on-chain financial instruments.
BlackRock, the global asset management titan, is also making a push into asset tokenization, lining up with XRPL’s platform. Regulated exchanges like Archax are even listing tokenized assets created on the ledger, and it’s becoming more acceptable to mainstream financial institutions.
XRP Ledger Adoption is Surging! Institutions, DeFi, Stablecoins, Tokenization
Jasmine Cooper, Head of Product at RippleX, joined me to discuss the latest and the greatest with the XRP Ledger.
02:34 Jasmine’s background
04:43 Real Estate on Blockchain
06:18 RippleX overview… pic.twitter.com/HkC2ubbflA— Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) March 23, 2025
Real Estate Gears Up For Blockchain
XRPL is revolutionizing the way people buy and sell real estate by enabling tokenization. Firms such as Propy utilize it to facilitate automatic property sales, minimizing paperwork and accelerating transactions. This facilitates real estate trading and makes it more accessible.
This change might have a huge effect on an industry that is normally sluggish and convoluted. Through blockchain, XRPL assists in making transactions easy yet secure and reliable.
DeFi Growing On XRPL
DeFi on XRPL is gaining traction, owing to fresh technology such as the Automated Market Maker (AMM). The functionality allows traders to exchange assets and provide liquidity directly on the blockchain, eliminating the role of centralized exchanges.
RippleX is also looking to simplify XRPL for developers. The firm is introducing an Ethereum Virtual Machine (EVM) sidechain that enables developers to create Ethereum-based smart contracts with the advantage of XRPL’s low-cost, high-speed transactions.
This element is likely to have more DeFi projects hitting the ledger and improve its connectivity with other blockchain networks.
A New Stablecoin On The Horizon
Ripple recently rolled out RLUSD, a new US dollar-backed stablecoin, on a small number of small crypto exchanges. The stablecoin will be applied in cross-border payments and liquidity. RippleX is said to be seeking regulatory approval to ensure that RLUSD meets the regulations, which could make it more appealing to institutional users.
The stablecoin is positioned as an adjunct to XRP, already employed as an international bridge currency. If the RLUSD gains traction, adoption of the XRPL network is likely to further increase.
Featured image from VOI, chart from TradingView
