Crypto
Ripple targets $10 billion private credit market with institutional lending on XRP Ledger
Ripple is moving to target the global private credit market worth more than $10 billion by adding institutional lending to the XRP Ledger. The RippleX development team plans to work with Clearpool Finance and Cicada Partners to introduce the feature. Loans would use Ripple’s regulated stablecoin RLUSD, while key processes would run on XRPL, requiring XRP for fees and wallet reserves. The plan also includes protocol-level security measures and identity and clawback features, with mainnet timing not yet set.
