#lending protocol

[rwatimes]

XRPL lending is coming: what on-chain credit means for XRP

After fourteen years as a payments ledger, the XRPL is voting on its first native credit system. The design borrows more from bond desks than from DeFi, and that choice will decide

➤ The XRPL is introducing a native credit system (XLS-65 and XLS-66) designed for institutional adoption, focusing on fixed-term, fixed-rate, underwritten loans rather than DeFi's overcollateralization model. ➤ This new system aims to enable lending and borrowing of XRP and other tokens directly on the ledger, potentially creating a yield opportunity for XRP holders and increasing the utility of Ripple's stablecoin, RLUSD. ➤ While the protocol-level design is elegant and aims for regulated money, its success hinges on attracting underwriters, managing defaults, and competing with established institutional crypto credit solutions.

[rwatimes]

XRP's Technical and Regulatory Catalysts Converge

XRP breaks key resistance on technical upgrades, Asian adoption, and US regulatory progress, driving a $55M weekly ETF inflow and institutional interest.

➤ XRP is experiencing a significant price surge driven by technical upgrades, including a potential native lending protocol, and increasing adoption in Asian markets like Japan and South Korea. ➤ US regulatory progress, with the classification of XRP as a digital commodity and the potential passage of the CLARITY Act, is reducing uncertainty and attracting institutional interest. ➤ These catalysts have led to a substantial increase in XRP ETF inflows, signaling growing institutional confidence despite the asset remaining below its 52-week high.

[rwatimes]

XRPL could unlock trillions in liquidity as validators vote on a vault-based lending system

The XRP Ledger is voting on upgrades that could turn it into a lending and credit platform.

➤ The XRP Ledger (XRPL) is proposing upgrades to implement a vault-based lending system, aiming to unlock significant institutional liquidity. ➤ The new system will support tokenized credit and bond-like products with fixed rates and durations, mirroring traditional finance with off-chain underwriting. ➤ Key innovations include Single Asset Vaults (XLS-65) and a Lending Protocol (XLS-66) designed to isolate risk and provide predictable returns for investors and borrowers.

[pavel-nosok]

Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.

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