XRP back above $1.40 after XRPL upgrade adds lending infrastructure
- —XRPL 3.4.0 was released on September 16 with the LendingProtocolV1_1 amendment
- —Closed vaults operate in three stages: subscription, investment, redemption
- —Vaults can hold XRP, trust line tokens such as RLUSD, and MPTs
- —Interest is accounted for on a cash basis — only when payment is actually received
Why it matters: XRPL's expansion into lending and tokenized assets could boost demand for XRP and RLUSD, but the upgrade alone does not guarantee a price rally.
Source: The Crypto Basic