Citing Coinotag, Ripple is advancing the XRP Ledger with a new native protocol designed for institutional lending. The XRPL Lending Protocol enables fixed-rate, fixed-term loans via isolated Single Asset Vaults, offering banks and fintech firms yield-generating opportunities without the risks of traditional DeFi pools. The protocol introduces a structured system with isolated risk and professional underwriting, positioning XRP and stablecoins like RLUSD as productive assets in real-world financial workflows. Validator voting is expected in late January 2025.
Ripple Launches XRP Ledger Lending Protocol for Institutional Credit Markets
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Summary
Ripple is launching the XRP Ledger Lending Protocol to expand institutional credit markets. The protocol allows fixed-rate, fixed-term loans through isolated Single Asset Vaults, offering banks and fintechs yield opportunities without DeFi pool risks. XRP and RLUSD can now serve as productive assets in real-world finance. Validator voting is set for late January 2025. What is the XRP Ledger Lending Protocol? It’s a structured system with isolated risk and professional underwriting.
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