[DigitalToday reporter Yoonseo Lee] XRP Ledger (XRPL) is set to introduce native lending and privacy features.

According to blockchain outlet U.Today on Aug. 25, Vet (벳), the XRPL Foundation's community lead and a dUNL validator, disclosed details of the upgrade. He said XRPL will expand into a built-in decentralised finance (DeFi) system that operates without third-party smart contracts, bridges or intermediaries.

The core is that XRPL will add credit and private transactions to its existing decentralised exchange (DEX) infrastructure. XRPL already has an order book, an automated market maker (AMM), tokenisation and compliance controls. Under the XLS-0096 amendment, it will add the concept of "accountable privacy" based on the multi-purpose token (MPT) standard.

It will also add delegated permissions. Banks and funds will be able to delegate private DEX (pDEX) trading authority to traders or automated trading bots without exposing wallet private keys.

The lending push centres on the XLS-65 and XLS-66 amendments. As a key axis for commercialisation, it cited official cooperation involving Ripple, DeFi platform Clearpool and asset manager Cicada Partners. They plan to launch an institutional lending pool based on Ripple's stablecoin RLUSD. Major institutions will be able to borrow at fixed rates through it.

Direct changes are also expected for individual XRP holders. When the single-asset vault introduced by XLS-65 opens, general users will be able to deposit their coins into a liquidity pool and receive lending returns.

Institutional inflows are also a key point to watch. If Clearpool's credit line is connected to XRPL, institutional capital could enter the ecosystem and total value locked (TVL) could grow. Where reliance on external services was high in the past, this structure is closer to adding financial functions to the ledger itself and tying capital flows internally.

It will also add XLS-70-based digital credentials. Users will be able to complete required compliance verification at once and access liquidity pools, while keeping personal information from being disclosed to third parties. Vet said developers built all this infrastructure while directly experiencing bull and bear markets, and explained they moved with the goal of enabling individual XRP holders and large pools of capital to access it on the same foundation.

A future variable is whether the amendments are approved. If the approval process is completed, XRPL will broaden into a structure combining lending, an institutional credit market, private transactions and compliance credentials. For XRP holders, it has increased the possibility of moving beyond simple holding and remittance use to an environment where they can manage liquidity and interest-income opportunities directly within their wallets.

All of it ready out of the box, without a tax collector or middleman with institutions and retail users bootstrapping XRP Ledger Orderbook + AMM XRP Ledger Tokenization XRP Ledger Compliance features and upcoming XRP Ledger Credit XRP Ledger Privacy Building a strong…