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RippleX Puts Major XRPL Lending Upgrade to Vote

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The XRP Ledger’s LendingProtocolV1_1 amendment is now open for validator voting, moving native lending infrastructure closer to launch. RippleX also described the XRPL lending protocol as part of a broader push to bring credit infrastructure onchain, including borrowing against assets and using collateral to access liquidity.

Key claims & sources

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RippleX described the XRPL lending protocol as part of work to add credit infrastructure onchain beyond asset transfers.
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The protocol is framed around borrowing against assets and using them as collateral.
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The LendingProtocolV1_1 amendment is open for validator voting on the XRP Ledger.

What it means

XRPL users and validators are the first group to feel this tomorrow morning, because the LendingProtocolV1_1 amendment is already open for voting. That means the network is now at the stage where validator choices can move the lending design forward on the ledger itself.

In practice, this adds a lending layer on top of the ledger’s existing transfer features. Before this, the focus described was mainly on issuing digital instruments and settling transactions faster; the new step points to borrowing, collateral, and liquidity access as part of what the network is trying to support.

Market reaction i

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Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 30 21:29
U.Today scoop
Breaks the event

Has this happened before?

WhenWhat happenedFigure
38 days ago 11 Days Until XRP Activates Key Features for Major Use Cases event 1 actors in common · 2 news media
41 days ago XRP Ledger’s Batch upgrade slips to Oct. 9 after validator support resets event 1 actors in common · 3 news media