XRP (CRYPTO: XRP) is seeing fresh enterprise adoption even as derivatives activity cools, and Binance open interest plunges to three-month lows.

Made In America Picks XRPL

According to a SEC filing on June 26, Made in USA Inc. is developing a blockchain-based product authentication platform on XRPL to verify the origin of American-made goods and combat counterfeit products.

The company acquired the platform’s technology stack from an affiliate in a $25 million all-stock transaction, TheStreet reported on Thursday.

The system, which remains under development, combines AI-powered verification with public and private XRPL infrastructure alongside Hyperledger technology.