The XRP Ledger Foundation (XRPLF) has teamed up with fintech platform VS1 Finance to develop an open-source compliance framework for permissioned lending on the XRP Ledger. This new reference app uses native XRP Ledger features instead of external smart contracts, enhancing security and ensuring regulatory compliance with built-in KYC/AML modules. The project aims to provide a free, legally clear technical solution for institutional DeFi developers to access on-chain credit, potentially accelerating XRP adoption. VS1 Finance's experience with banking regulators informs the app's design, which supports fixed-term lending and asset management without traditional intermediaries.
XRP's trading volume jumped 44% to $1.55 billion while its price held steady around $1.056, despite a recent downtrend. This volume increase coincides with Ripple securing preliminary regulatory approval to operate across 30 European Economic Area co...
Solana is dominating the current crypto market as a single-chain season unfolds, driven by strong app revenue and real usage, including $85.86 million in 30-day app revenue and significant tokenized real-world asset activity. In contrast, XRP is unde...
Cryptocurrency markets display mixed price changes, with Bitcoin trading above $60,400, reflecting a 1.52% increase. Ethereum and several altcoins such as AVAX, BEAT, and ENA show notable gains, while some tokens like LAB and M experienced significan...
Ripple has introduced the XLS-66 Lending Protocol on the XRP Ledger, enabling institutions to borrow against tokenized real-world assets through fixed-term credit facilities funded by pooled deposits. This new system automates loan settlements on-led...
Ripple has proposed a new XRPL Lending Protocol that allows institutions to borrow against tokenized assets held on the XRP Ledger. The protocol automates loan mechanics such as pooling assets, calculating interest, and enforcing repayment on-chain, ...
