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Ripple CEO reveals XRP lending via treasury deployment, expanding institutional use beyond buying and holding.

Protocol Fundamentals
15 Oct 2026
Dailycoin
View Source
Bullish
Ripple CEO reveals XRP lending via treasury deployment, expanding institutional use beyond buying and holding.

Ripple CEO Brad Garlinghouse announced that Ripple is advancing XRP's role by integrating lending protocols through treasury deployment, notably contributing XRP tokens to Evernorth's $500 million corporate treasury fund listed on NASDAQ. This move aims to expand XRP's institutional use beyond simple buying and holding, leveraging the XRP Ledger's capabilities to enable asset pooling, collateralized lending, and credit extension with robust risk controls. Two key protocol upgrades, XLS-65 and XLS-66, are nearing activation to support these lending features, which include off-chain borrower checks and optional first-loss reserves. This development positions XRP as a central asset in a multi-chain ecosystem and signals a shift from payments to credit services, enhancing XRP's appeal to institutional investors.

XRP is trading at Rp24.023 on Pluang as of Oct 16, 2026 03:26 WIB, showing a 0.99% increase in the last day. The token holds a market cap of Rp1.520,29 trillion with a 24-hour trading volume of Rp55,6 trillion on the platform. Pluang users currently lean towards buying XRP, with 62% of order activity favoring purchases and a typical hold time of 72 days.

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