Ripple, a well-known fintech company and a significant player in the $XRP market, has announced the development of a new standard called XLS-20 to “assist developers in building more complex and innovative NFT apps” on top of the XRP Ledger.
The new XLS-20 standard, according to the business, will give the XRP Ledger the tools it needs to build multi-purpose apps and will improve on the XLS-20d standard, which already has native token functionality built-in.
