The XLS-66d amendment embeds lending logic directly into the protocol, removing many risks tied to standalone smart contracts. The ledger itself governs borrowing terms, repayments, and authorization—a key differentiator from other DeFi approaches.Credit checks and risk assessments happen off-chain through established underwriting processes. Pool managers handle borrower selection, loan servicing, and first-loss protection, which absorbs early defaults before lenders take losses. This setup mirrors traditio ...

A Ripple engineer recently explained how XRP could gain a utility boost through the upcoming XRPL lending protocol — Source: CoinGape Edward Hennis stated that XRP holders could earn institutional-grade yield once the XRPL lending protocol launches. The Ripple engineer highlighted how the protocol differs from the native crypto lending protocol. Ripple's RLUSD is also expected to benefit from the protocol's launch. Ripple engineer Edward Hennis has provided key details about the upcoming XRP Ledge ...