XRP’s DeFi utility sparks as mXRP vaults nears $20 million

XRP holders eager for yield opportunities have quickly embraced mXRP, the first liquid staking token native to the token’s ecosystem. On Sept. 25, blockchain infrastructure provider Axelar revealed that the product’s initial vault of 6.5 million tokens filled within two days of launch, forcing it to raise the cap to 10 million. Notably, the total The post XRP’s DeFi utility sparks as mXRP vaults nears $20 million appeared first on CryptoSlate.