XRP Moves Above $1.40 as XRPL Expands Lending Infrastructure for On-Chain Credit. XRP is back above the $1.40 level as attention also turns to new infrastructure being developed on the XRP Ledger for lending, tokenized assets, and institutional credit. Clarissa Yorke, Partner/KOL Manager at AgencyLaser and followed by 2.3 million users on X, said XRP
- XRP's price has surpassed $1.40, coinciding with significant infrastructure upgrades on the XRP Ledger (XRPL).
- The XRPL version 3.4.0 introduces a new Lending Protocol with closed-ended vaults and cash-basis accounting, expanding its use cases beyond payments to include lending and tokenized assets.
- Industry influencers like Clarissa Yorke highlight these developments as making XRP 'interesting again,' suggesting a broadening narrative beyond traditional payment applications.
Topics: Asset types, Integration with defi, Infrastructure providers, Financial instruments, Rwa collateral lending, Tokenization platforms
Tags: #xrp #xrpledger #lendinginfrastructure #tokenizedassets #institutionalcredit #clarissayorke #agencylaser #closedendedvaults #cashbasisaccounting #rlusd