Ripple Pushes New Standard To Transform XRP Ledger Tokens

Description

Ripple’s developer arm, RippleX, is pushing to make the XRP Ledger’s newest asset class—Multi‑Purpose Tokens (MPTs)—easier to recognize, sort and integrate across the ecosystem. In a thread posted on X late Tuesday, the team announced a draft standard, XLS‑0089d, that would give every MPT a common set of on‑ledger metadata fields, from a ticker symbol and human‑readable name to a canonical icon URL and “asset_class” taxonomy. “Multipurpose Tokens (MPTs) unlock new flexibility on the XRP Ledger, ...