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Meld Gold, a tokenization innovator, has partnered with Ripple to launch gold and silver-backed stablecoins on the XRP Ledger in Q3 2024. Each token represents 1 gram of precious metal stored with custodians MKS Pamp and Imperial Vaults. This move is expected to boost XRPL's DeFi ecosystem by adding popular assets with high capitalization, enhancing liquidity for features like DEX, AMM, payment systems, and future EVM and money market sides.
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