Ripple plans to launch a new token standard MPT on the XRP Ledger this month.

Odaily Star Daily News: Ripple will launch a new token standard MPT on the XRP Ledger this month to enhance its support for real-world assets (RWA). Jasmine Cooper, the product manager of Ripple's Decentralized Finance, explained that MPT is designed specifically for RWA and can store metadata directly with the asset. This integration enhances the scalability and flexibility of XRPL, making it more suitable for institutional use cases and lowering the barriers to entry for these organizations. (The Crypto Basic)