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.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Vee.Finance DeFi protocol hacked for $35 million
Just a week after its launch, the Vee.Finance landing platform based on the Avalanche blockchain lost $35 million as a result of a hacker attack.
Aave has started developing a mobile wallet
DeFi project AAVE started the new year 2022 with the announcement of the creation of its own mobile wallet.
