XRP's $115 billion market cap could soon be lent to institutions

XRP could soon be lent to institutions and the cryptocurrency's holders could then get an opportunity to earn institutional-grade yield. Edward Hennis, the staff software engineer at Ripple, provided details about the XRP Ledger lending protocol on Dec. 19. Related: Coinbase, Ripple urge Senate Committee to preserve 'genius' rewards Once launched, the protocol-native lending system will bring fixed-term, fixed-rate, and underwritten credit in XRP for institutions. Crypto lending on XRP Ledger will invol ...