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가입 November 2020
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Ripple Sees a New Role For XRP Institutional credit remains largely untapped in onchain finance despite growing interest from financial firms. Ripple product head Jazzi Cooper believes this could become a major use case for ripple:native. The XRPL's Lending Protocol enables fixed term loans using funds pooled through Single Asset Vaults. Borrowers can undergo offchain underwriting while the lending activity itself operates through XRPL infrastructure. A Lending Protocol update is also expected with XRPL 3.4.0 next week.
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