{"id":48897,"date":"2025-09-22T19:16:34","date_gmt":"2025-09-22T19:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48897"},"modified":"2025-09-22T19:16:34","modified_gmt":"2025-09-22T19:16:34","slug":"xrp-gets-perpetual-buyer-axelars-mxrp-sparks-money-glitch-hype","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48897","title":{"rendered":"XRP Gets Perpetual Buyer: Axelar\u2019s mXRP Sparks \u2018Money Glitch\u2019 Hype"},"content":{"rendered":"
\n

Axelar used the XRP Seoul 2025 stage on September 21 to tease what promoters framed as an \u201cinfinite buying power\u201d flywheel for XRP, centered on a new yield-bearing token called mXRP that is designed to become a structural, programmatic buyer of the underlying asset. The pitch\u2014splashed across slides with \u201cThe Infinite Money Glitch\u201d tagline\u2014sketched a closed-loop system: minting mXRP would drive XRP purchases, feed auto-compounding strategies, deepen liquidity on XRPL, and attract more DeFi integrations and capital to the network.<\/p>\n

In the run-up to the event, Axelar signaled the direction of travel: \u201cA new yield-bearing XRP product is launching, powered by Axelar and the leading EU-regulated tokenization platform. If you are a large holder of XRP, complete the form below to express interest,\u201d the project posted on September 10. On Saturday, the DeFi Business Development (BD) Lead at Axelar Leo Wu summarized<\/a> the stage message more bluntly: \u201cgmXRP @axelar + @MidasRWA \u2014 Infinite buying power for XRP,\u201d alongside photos of the slide deck.<\/p>\n

\"XRP<\/p>\n

Early reactions inside the XRP community homed in on the promised carry. \u201cmXRP will likely be the biggest catalyst this quarter to drive significant adoption and activity on XRPL. 10% APY on XRP through DeFi yield and by just holding mXRP is massive,\u201d wrote<\/a> Panos Mekras (co-founder & CEO at Anodos Labs) via X.<\/p>\n

He added that an XRP\/mXRP liquidity pool could quickly dominate XRPL volumes and that LPs would \u201cvirtually have zero risk and near-zero impermanent loss,\u201d while earning from fees and yield. While those expectations are promotional and unproven, they capture the tenor of sentiment around the launch.<\/p>\n

What mXRP Is\u2014And How Axelar And Midas Fit<\/h2>\n

Based on materials shared publicly, mXRP is presented as a liquid, yield-bearing representation of deposited XRP. Users would deposit XRP and receive mXRP; the mXRP\u2019s value accretes from the strategies run on the pooled collateral.<\/p>\n

Event notes circulating on X attribute the product structuring to Midas (a European tokenization platform) and the cross-chain plumbing to Axelar, with a Korean digital-asset manager responsible for operating strategies on the back end. The slide language emphasizes \u201cadvanced strategies and auto-compounding,\u201d and frames mXRP as a \u201cperpetual buyer of XRP\u201d that bolsters XRPL liquidity and \u201cecosystem strength.\u201d These specifics come from the conference stage and social-media reporting; formal documentation has not yet been published.<\/p>\n

Axelar\u2019s role in the stack is consistent with its broader integration work on XRPL this year. In June, Axelar announced it had delivered the first cross-chain connectivity for the XRP Ledger EVM Sidechain<\/a>, enabling wrapped XRP as native gas and wiring XRPL into more than 80 networks and cross-chain apps via Squid. The company has also highlighted \u201cEarn yield onchain\u2026 start with XRP and Stellar\u201d in its public messaging\u2014context that helps explain how a yield-bearing XRP wrapper could source liquidity and strategy execution across venues.<\/p>\n

Midas, for its part, has been rolling out \u201cLiquid Yield Tokens\u201d backed by baskets of DeFi fund strategies in 2025\u2014an adjacent template that provides a reference point for how tokenized claim-on-yield instruments can be structured under EU oversight<\/a>. The mXRP wrapper appears to apply that tokenization logic to XRP collateral specifically, with Axelar providing the cross-chain rails.<\/p>\n

The core idea behind \u201cinfinite buying power\u201d is straightforward: demand to mint mXRP programmatically purchases XRP as base collateral; compounding yields grow the collateral base over time; and integrations that require mXRP\/XRP liquidity create additional, recurring order flow.<\/p>\n

Advocates argue that this creates a positive feedback loop in which \u201cmXRP usage \u2192 deeper XRP liquidity,\u201d and more liquidity invites more integrations, which in turn brings more capital on-chain. \u201cThe Infinite Money Glitch\u2026 with @MidasRWA mXRP that becomes a \u2018perpetual buyer of $XRP,\u2019\u201d one widely shared summary read.<\/p>\n

At press time, XRP traded at $2.81.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Axelar used the XRP Seoul 2025 stage on September 21 to tease what promoters framed as an \u201cinfinite buying power\u201d flywheel for XRP, centered on a new yield-bearing token called mXRP that is designed to become a structural, programmatic buyer of the underlying asset. The pitch\u2014splashed across slides with \u201cThe Infinite Money Glitch\u201d tagline\u2014sketched a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-48897","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48897"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48897\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}