Uphold Cites Yield and Tokenization Driving XRP Demand Growth - Blockonomi

by · Blockonomi

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  • Uphold President Nancy Beaton identified retail and institutional demand as the main drivers of XRP interest.
  • She stated that retail investors are focused on earning yield directly through XRP on the XRPL network.
  • The upcoming XLS-66 Lending Protocol aims to enable structured lending and passive income opportunities.
  • Validator voting for the XLS-66d amendment has started, but approval remains below the required threshold.
  • The XRPL automated market maker continues to support retail users through liquidity fee earnings.
  • Beaton said institutions are exploring XRP due to its support for tokenization and compliance features.

Uphold President Nancy Beaton outlined key drivers behind rising XRP interest during a recent industry event. She pointed to retail yield opportunities and institutional tokenization efforts as the main factors. Her remarks came during a special Ripple segment recorded at the XRPLV conference in Las Vegas.

Beaton shared her views while speaking on a renamed segment called “XRP in a Minute.” She based her comments on discussions and observations from attendees at the XRPLV event. Her statements focused on two clear investor groups and their motivations.

Uphold Highlights Retail Demand for XRP Yield Opportunities

Beaton said retail investors continue to explore ways to earn passive income through XRP holdings. She explained that new XRPL features aim to support native yield generation. “Retail interest is tied to earning yield directly on-chain,” she said.

She pointed to the XLS-66 Lending Protocol as a key development supporting this trend. The protocol works alongside XLS-65 to enable structured lending through vault systems. These systems allow users to deposit XRP or stablecoins into pooled lending environments.

Users can access fixed-rate lending products with defined repayment terms through these vaults. The system also includes safeguards such as first-loss capital coverage to manage risk. As a result, developers aim to create controlled and transparent lending options.

The amendment for XLS-66d entered validator voting after the release of XRPL v3.1.0. However, it requires 80% approval for two consecutive weeks before activation. Current approval stands at 22.86%, based on the latest available data.

Beaton also referenced the automated market maker introduced through XLS-30 in 2024. This feature allows users to earn fees by providing liquidity to trading pools. It continues to support broader retail participation across the XRPL ecosystem.

XRP Gains Institutional Focus Through Tokenization Efforts

Beaton stated that institutions are turning to blockchain solutions for operational efficiency and asset management. She said XRP Ledger meets several requirements that institutions seek in digital infrastructure. “Institutions are focusing on tokenization and compliance-ready systems,” she said.

The XRPL supports tokenization of real-world assets while maintaining low transaction costs and fast processing speeds. These features align with enterprise demand for scalable blockchain systems. The network also integrates compliance tools needed for regulated financial operations.

Recent data shows XRPL added $1.4 billion in tokenized assets within 30 days. This increase brought the total tokenized value on the network to $3.9 billion. The growth reflects continued institutional activity in the real-world asset segment.

Several partnerships have expanded XRPL’s institutional use cases in recent months. Archax enabled tokenized access to a £3.8 billion liquidity fund managed by abrdn. This integration connects traditional finance products with blockchain infrastructure.

Ondo Finance also launched its OUSG product on XRPL with RLUSD integration. The product represents tokenized U.S. Treasuries within the ecosystem. These developments highlight ongoing adoption of tokenized financial instruments on the XRP Ledger.

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