XRP Yield: Innovation or Risk? Midas and Interop Labs Receive Mixed Reactions
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
New XRP Yield Product: Ripple ecosystem partners, including Interop Labs and Midas, have launched mXRP, a yield-bearing product for XRP holders, which allows users to mint mXRP by depositing XRP collateral. This product aims to generate returns of up to 10% APY and operates on the Axelar network.
Mixed Reactions from the Community: The introduction of mXRP has received mixed feedback, with some community members concerned that it diverts liquidity from the XRP Ledger (XRPL) to other protocols, while others see it as a positive development for creating new use cases for XRP.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







