European Central Bank points out XRP Ledger as an important facilitator in next-gen financing tools

The European Central Bank highlights XRP Ledger as essential for Axiology’s DLT system, focusing on institutional finance. Axiology uses XRP for payments within its secure DLT framework, aiming to enhance compliance and security, while combining trading, accounting, and settlement functions.

Despite XRP’s 5.79% year-to-date decline, 65.1% of XRP investors hold their tokens at a profit. This fostering optimism within the XRP community, as the ECB report indicates XRP’s potential for future institutional financing.