Ripple Launches XRPL Lending Protocol, Plans to Bring Institutional-Grade Credit Infrastructure On-Chain
Ripple launches XRPL lending protocol, aimed at providing lending and credit infrastructure for on-chain assets. The protocol adopts a design philosophy of "off-chain credit assessment, on-chain standardized execution", consists of two parts: single-asset vaults and lending protocol, and is used to organize liquidity and issue loans, calculate interest, process repayments, and handle defaults according to agreed terms.
