5 hours ago
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Key Takeaways
- XRPL lending remains inactive on mainnet.
- Validator support remains far below activation.
- Version 3.4.0 has no confirmed release.
- Clearpool plans products using XRP and RLUSD.
- Credit decisions would remain off the ledger.
Ripple sees credit as the missing layer
Ripple product head Jasmine Cooper has described lending as a missing component of tokenized financial markets. Assets can already be issued, transferred and settled onchain, but institutions also need ways to finance those assets and manage short-term liquidity.
In a June 29 article, Cooper outlined several possible applications. A payment company could borrow while waiting for incoming settlements, a market maker could finance inventory, and a corporate treasury could put idle digital assets to work.
The proposal does not ask the ledger to decide whether a borrower deserves credit. Banks, fund...
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