As reported by TheCCPress, Ripple engineer Edward Hennis has detailed an upcoming XRPL lending protocol set to launch with XRPL Version 3.0.0. The protocol introduces Single-Asset Vaults to provide institutional-grade yield for XRP and RLUSD holders. The system will allow fixed-term, fixed-rate, underwritten credit, with amendments expected to enter validator voting by January 2026. Ripple has partnered with Immunefi to conduct a $200,000 attackathon to identify security risks in the protocol.
Ripple Unveils XRPL Lending Protocol with Single-Asset Vaults in Version 3.0.0
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Summary
Ripple has announced a new XRPL lending protocol with Version 3.0.0, introducing Single-Asset Vaults to offer institutional-grade yield for XRP and RLUSD. The protocol will support fixed-term, fixed-rate credit and is expected to enter validator voting by January 2026. Ripple has also launched a $200,000 attackathon with Immunefi to test the protocol’s security. The token launch is positioned as a key step in expanding the XRPL’s financial infrastructure.
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