DeFi· ★★★· bullish·

XRPL 3.4.0 adds on-chain lending and private vaults

  • —XRPL 3.4.0 was released on September 16 with the LendingProtocolV1_1 amendment
  • —Private vaults operate in three stages: subscription, investment, repayment
  • —XRP, trustline tokens, and MPTs, including RLUSD, can be deposited into vaults
  • —Interest is recognized only when paid, and loss-covering capital has been introduced
Why it matters: XRPL is expanding from payments into lending and asset management, which could attract institutional capital to the network.
#XRP#RLUSD
Source: Digital Today
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