Wrapped XRP (WXRP) is a tokenized version of the XRP cryptocurrency that is compatible with the Ethereum network. It allows users to access the benefits of XRP on the Ethereum blockchain, enabling greater interoperability between the two networks. WXRP tokens are backed 1:1 by XRP and can be used for various decentralized finance (DeFi) applications, such as lending, borrowing, and trading. Overall, WXRP aims to enhance the utility and accessibility of XRP within the broader cryptocurrency ecosystem.