According to CoinMeta, Ripple is building infrastructure for issuance, stablecoins, trading, custody, and credit to support financial institutions in adopting tokenized assets. Its XRPL ecosystem connects programmable funds with tools for continuous settlement, liquidity, yield, collateral, and compliance. Ripple has expanded its institutional tokenization infrastructure, and Ripple, the president of Monica Long, outlined the company's broader strategy on August 4th.