XRP holders can now use their asset to participate in DeFi activities.
The company announced support for XRP in the ERC-20 token format on Ethereum back in November last year. Users can convert their XRP to wXRP through Wrapped.com. wXRP enables users to engage in lending, borrowing, trading and yield farming on DeFi platforms.
Currently, the token price is $0.754028, and the daily trading volume is $42,998.
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