Ripple’s XRP Ledger (XRPL) is increasingly positioning itself as a core piece of infrastructure for the fast-growing market in tokenized real-world assets (RWAs), after a recent redemption of Ondo Finance’s tokenized U.S. Treasury fund used the network to validate ownership and execute token burns—an operational milestone that underscores blockchain’s push into institutional finance. The development comes as XRP (XRP) traded around $1.45 on Monday U.S.
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