XRP's $115 billion market cap could soon be lent to institutions [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
Edward Hennis, the staff software engineer at Ripple provided details about the XRP Ledger lending protocol on Dec. 19. Related: Coinbase, Ripple urge Senate Committee to preserve 'genius' rewards Once launched, the protocol-native lending system will bring fixed-term, fixed-rate, and underwritten credit in XRP for institutions. Crypto lending on XRP Ledger will involve each loan sitting in its own single asset vault (SAV). An SAV is like a water tank that holds only one type of water. So, it will hold only one asset (XRP or the RLUSD stablecoin issued by Ripple), Hennis explained. Nasdaq-listed firm moves toward $1B XRP exposure XRP sinks after launching on rival blockchain Analyst warns a wave of crypto ETF shutdowns is coming Once the protocol becomes a reality, it has several use cases, Hennis said. Market makers would be able to borrow XRP or RLUSD for inventory and arbitrage. Since they would be borrowing, they won't have to tie up their own funds. They can he
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- 10/30/25 - Beat
COIN
Sec Filings
- 12/22/25 - Form 144
- 12/22/25 - Form 4
- 12/18/25 - Form 144
- COIN's page on the SEC website