Axelar used the XRP Seoul 2025 stage on September 21 to tease what promoters framed as an “infinite buying power” 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—splashed across slides with “The Infinite Money Glitch” tagline—sketched 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.
He added that an XRP/mXRP liquidity pool could quickly dominate XRPL volumes and that LPs would “virtually have zero risk and near-zero impermanent loss,” while earning from fees and yield. While those expectations are promotional and unproven, they capture the tenor of sentiment around the launch.
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’s value accretes from the strategies run on the pooled collateral.
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 “advanced strategies and auto-compounding,” and frames mXRP as a “perpetual buyer of XRP” that bolsters XRPL liquidity and “ecosystem strength.” These specifics come from the conference stage and social-media reporting; formal documentation has not yet been published.
The core idea behind “infinite buying power” 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.
Advocates argue that this creates a positive feedback loop in which “mXRP usage → deeper XRP liquidity,” and more liquidity invites more integrations, which in turn brings more capital on-chain. “The Infinite Money Glitch… with @MidasRWA mXRP that becomes a ‘perpetual buyer of $XRP,’” one widely shared summary read.
At press time, XRP traded at $2.81.
