What is XRP wrapped?

Could you please explain what exactly is meant by "XRP wrapped"? I've heard this term being used in the context of cryptocurrencies and blockchain technology, but I'm not quite sure what it entails. Could you elaborate on the concept of wrapping XRP and how it differs from traditional XRP tokens? Also, what are the potential benefits or use cases of XRP wrapped? I'm interested in understanding its role in the larger cryptocurrency ecosystem.