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XRPL eyes credit loan market with infrastructure expansion

XRP has recovered the $1.40 level as the XRP Ledger, or XRPL, expands infrastructure for onchain credit lending. The XRPL 3.4.0 upgrade adds functions for lending, tokenised assets and institutional credit markets. It introduces a revised lending protocol that expands single-asset vaults with closed vaults and cash-based accounting, and supports trustline tokens and multi-purpose tokens. The upgrade broadens XRPL capabilities but does not guarantee future XRP demand or price moves.