Ripple Unveils Its Institutional DeFi Vision with XRP Ledger

Ripple and XRP Ledger contributors are providing a compliance-focused infrastructure to position XRP Ledger as an enterprise-grade decentralized finance (DeFi) platform. In this framework, they highlight the role of XRP as a settlement and bridge asset.

Upcoming features include permissioned zones, identity-based access, privacy-preserving transfers, and the XLS-65/XLS-66 lending protocol for credit and payments. These features are designed to meet regulatory and risk management requirements for on-chain credit and payments.

Additionally, the Ethereum Virtual Machine (EVM) sidechain bridged through Axelar aims to attract Solidity developers. This system allows leveraging XRP Ledger's liquidity, identity features, and the benefits of XRP in collateral, reserve, and fee-focused burn mechanisms by offering familiar tools.