Epic Chain, with Ripple’s backing, is launching a platform to bring real-world assets (RWAs) onto the XRP blockchain. This could be huge, potentially moving trillions of dollars worth of assets like real estate, loans, commodities, and collectibles onto the blockchain.
A Big Bet on Real-World Assets
The global market for RWAs is estimated at over $50 trillion, making this a potentially game-changing move for Epic Chain. Currently valued at $60 million, Epic Chain is already listed on major exchanges like Binance, Bybit, and Kucoin, and is aiming for global growth with a $1 million program to boost adoption and liquidity. They operate in over 150 countries, reaching millions of traders and bank accounts.
From Collectibles to Blockchain Powerhouse
Initially an Ethereum-based token, Epic Chain has transitioned to an XRP Ledger sidechain. This switch offers faster transactions, better scalability, and closer ties to Ripple’s vision for enterprise blockchain use. The company has evolved from a collectibles marketplace to a layer-2 solution for RWAs. A key feature is its integration with Ripple USD (RLUSD), enabling native USD settlements—important for institutional investors and cross-border payments. They’re also pushing adoption with their “Epic One” VISA crypto card, offering XRP cashback.
XRP and Real Estate: A Perfect Match?
The XRP Ledger is also getting a boost. On August 18th, a new program will allow the tokenization of $228 trillion in institutional real estate. This is done through the REAL Token, making it easier and cheaper to manage these assets on the blockchain. The system is designed to be easy to use for organizations of all sizes, with low fees and fast transactions.
The Potential and the Risks
Epic Chain’s strategy is ambitious. Combining RWA tokenization with XRP integration has strong potential, but the company’s history of pivoting and the relatively slower adoption of XRP in the corporate world present some risks. However, for both individual users and institutions, Epic Chain could become a major gateway to the XRP ecosystem.