Top Ripple executive shared his take on recently made proposal to build native lending protocol on XRPL
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Very excited to see the XRP Ledger Native Lending Protocol proposal up for review and feedback – if passed, this could bring new utility to the XRPL. Together with the native DEX, this lending protocol forms a critical pillar in enabling more accessible, efficient, and… The new protocol would allow users to lend and borrow assets directly, expanding financial inclusion, boosting transparency without the help of any intermediaries. The protocol’s main focus would be flexibility and reusability. It would also allow users to tokenize assets.
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