Ripple FTW: XRP Use Cases To Explode Following DeFi Integration

Ripple and XRP have been seeing massive successes lately, starting with an important SEC victory and finishing with amazing partnerships.

Just the other day, we were revealing that the Wanchain team announced that now “XRP token holders can put their XRP to work and engage with the world’s many DeFi applications.”

Wanchain is a blockchain interoperability platform. Since “Wan” means “ten thousand” in Chinese, the brand name “Wanchain” translates to “ten thousand blockchains”.

As the online publication CryptoGlobe notes, this makes sense when you consider that the goal of Wanchain is to connect “the world’s many isolated blockchains.”

XRP holders can now “securely use their XRP to farm, mine and provide liquidity rather than simply leaving their tokens, inactive, in wallets and exchanges.”

At the moment of writing this article, XRP is trading in the green, and the coin is priced at $1.92. 

This comes after various achievements that Ripple saw: a new victory against the SEC and various bullish XRP predictions. 

XRP to see more use cases

It’s been just reported that XRP could soon witness a burst in new use cases in the growing DeFi space.

Wanchain’s (WAN) CEO and founder Jack Lu says XRP tokens will soon be available for DeFi integration through the blockchain interoperability platform.

“I’m so happy to announce that Wanchain’s decentralized cross-chain bridges for XRP are about to go live on mainnet. This means that XRP tokens can now be used for liquidity mining and yield farming.”

The whole crypto market is exploding these days with interest in BTC and the digital assets growing like there’s no tomorrow.

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An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.
  • […] Το XRP που “ολοι” το είχαν “τελειωμένο” παίρνει τα πάνω του. Ηδη αυτη την στιγμή είναι στο 1.92$. Τι ηταν αυτό που του έδωσε αυτη την τρελή άνοδο;;; Σύμφωνα με το εγκυρο ιστότοπο ειδησειογραφίας περι κρυπτονομισμάτων τον  […]

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