uXRP is a tokenized implementation of XRP designed to enable trading on multiple blockchains including Base, Polygon, and Arbitrum.
uXRP is fully collateralized with 1:1 XRP reserves securely stored with Coinbase Custody. Users can mint uXRP by providing the protocol with underlying XRP and redeem uXRP by burning the ERC20 token to receive the underlying XRP.
uXRP is built to enable DeFi applications and developers to enable exposure to XRP across multiple chains.