Deep Tide TechFlow News, June 29 - Ripple has launched the XRPL Lending Protocol, designed to provide lending and credit infrastructure for on-chain assets. The protocol adopts a design approach of "off-chain credit assessment, on-chain standardized execution," and consists of a single-asset vault and a lending protocol to organize liquidity and execute loan issuance, interest calculation, repayment, and default management according to agreed terms.



Ripple stated that the solution is aimed at institutional use cases and can support financing activities involving on-chain assets such as stablecoins, treasuries, and money market funds. The relevant proposals are currently XLS-65 and XLS-66, and still require validator approval.
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