XRP Ledger Tests Lending and Credit Features for Institutional On-Chain Loans

Ripple announced developers can now test the XRP Ledger Lending Protocol, which would let institutions borrow and lend digital assets directly on-chain. If validators approve, it could unlock tokenized real-world assets as working capital on XRPL.

• Two technical specs (XLS-65 and XLS-66) introduce native credit infrastructure to the XRP Ledger for institutional lending.
• The protocol uses a 'Single Asset Vault' for pooling assets and a 'Lending Protocol' for loan terms, with underwriting kept off-chain.
• If approved by validators, tokenized real-world assets like money market funds could be deployed as working capital on XRPL.
• Ripple says the design mirrors traditional finance, with multi-tiered loss protection putting pool manager capital at risk first.
• The upgrade follows Ondo Finance's first cross-border tokenized Treasury redemption on XRPL in May 2026.

Coinporta summarises news for fast scanning. Full reporting belongs to the source.