Evernorth plans to launch native XRP lending on the XRP Ledger (XRPL) through the proposed XLS-66 amendment, potentially unlocking up to $100 billion in idle XRP liquidity. This amendment integrates a lending framework directly into the ledger, removing the need for external smart contracts and enabling fixed-term, fixed-rate loans with automated repayments. The system enhances security and privacy using zero-knowledge proofs and reduces risks by eliminating asset bridging. XLS-66 is still pending validator approval, but if activated, it could transform XRPL from a payments-focused network into a broader financial ecosystem where XRP generates yield at scale.
Clearpool has partnered with Ripple and Cicada Credit to create an institutional lending platform on the XRP Ledger, aiming to expand XRP's utility by integrating Clearpool's decentralized lending with Ripple's blockchain. Cicada Credit brings credit...
XRP surged nearly 20% to $1.21, driven by positive news from Washington including new crypto regulations and discussions on asset tokenization. However, technical indicators like weekly Bollinger Bands and moving averages suggest this price level is ...
The XRP Ledger's decentralized exchange (DEX) automatically routes 0.16% of trades through XRP as a native bridge asset, improving trade execution without user intervention. This native bridging is built directly into the ledger, allowing real-time e...
XRP, Stellar (XLM), and Algorand (ALGO) are emerging as key blockchain networks aligned with government digital currency initiatives, focusing on improving payments, settlements, and asset transfers. These projects support national digital currency p...
Evernorth, a treasury firm holding significant XRP assets, is developing a decentralized finance (DeFi) lending framework on the XRP Ledger, currently under validator review. Supported by Ripple, this initiative aims to make native on-ledger lending ...
