The XRP Ledger moved closer to native lending on Sept. 23 as coverage tracked validator voting on amendments that would bring pooled credit onto the ledger without separate smart contracts, according to CoinEdition and TronWeekly.
Under the framework, XLS-65 would introduce Single Asset Vaults for assets such as XRP, RLUSD, and other supported tokens. Depositors would receive shares reflecting their contributions. Loan brokers could then use those pooled assets to arrange fixed-term loans under XLS-66.
A related LendingProtocolV1_1 track would define deposit, lending, and withdrawal periods and recognize interest when borrowers actually pay. Brokers could contribute first-loss capital; depositors would still face credit and liquidity risk. Borrower screening would stay with participating firms — not the protocol itself.
No mainnet launch date yet
Software rules can ship in an xrpld release, but activation still requires more than 80% of trusted validators to support an amendment for two consecutive weeks. As of Sept. 23 reporting, XLS-65 and XLS-66 remained in voting with no confirmed mainnet launch date.
Coverage also noted XRP trading near roughly $1.49–$1.51 after a pullback from tests above $1.65. Price moves are market context only — not a forecast, and not investment advice. RLUSD-backed vaults, if activated later, would lend the issued asset rather than forcing borrowers to buy XRP equal to loan size.
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