Episode Details

Ripple’s launching a new lending protocol on the XRP Ledger designed for big institutions to borrow against their digital assets—without letting blockchain handle credit decisions. The system automates loan mechanics like interest and repayment via vaults for single assets, but critical terms stay off-chain, managed by human lenders. Built for stability and predictability, it’s aimed at businesses needing fast cash, not everyday users. Still in testing, it competes with giants like Aave and Compound—but Ripple bets its fixed rules offer more reliability than vote-driven systems. Validators will soon review, and devs can test now.

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