The amount of XRP locked in DeFi continues to grow, with the entire ecosystem on the rise—here are the specific figures.
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According to Bijie Network, XRP's influence in the DeFi ecosystem is steadily increasing, with over 222.2 million tokens currently being used in decentralized applications and on-chain finance. This marks a shift in its use case from simple transfers to more practical functions. Meanwhile, Ripple has obtained a full electronic money institution license in Luxembourg, further strengthening its regulatory position in Europe and expanding its global license count to over 75. This will help XRP and its stablecoin RLUSD gain favor among institutional users within the EU.
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