XRP Ledger’s New Lending Protocol Version Is Now Open For Validator Voting

XRP Ledger’s LendingProtocolV1_1 is now open for validator voting, introducing closed-ended vaults and cash-basis accounting for XRPL lending.

• XRP Ledger's LendingProtocolV1_1 amendment is now open for validator voting, introducing key features for XRPL lending.
• The upgrade includes closed-ended vaults and cash-basis accounting, which are essential for the mainnet launch of the lending protocol and SingleAssetVault.
• This proposal aims to refine loan origination, repayment, and default handling processes on the XRP Ledger.

Topics: Integration with defi, Legal regulatory, Blockchain usage, Rwa collateral lending, Securities law classification, Ethereum evm l 1 s

Tags: #xrpledger #lendingprotocol #validatorvoting #closedendedvaults #cashbasisaccounting #ripplex #amendment #mainnet #loanorigination #defaulthandling

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AgencyLaser Manager Says XRP Is Getting Interesting Again as XRP Story Expands Beyond Payments

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

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