XRP Ledger Upgrade Paves Way for DeFi Lending and Tokenization Growth

The XRP Ledger (XRPL) has successfully implemented a major protocol upgrade, introducing native support for lending and enhanced tokenization capabilities. This update, achieved through a consensus of validators, integrates new features directly into the core layer-1 blockchain. The upgrade is designed to facilitate decentralized finance (DeFi) activities, allowing users to engage in lending and borrowing without relying on external smart contracts. Additionally, the expansion of tokenization functions enables the representation of real-world assets (RWAs) and other digital assets on the XRPL. This development is seen as a strategic move to increase the utility and adoption of the XRP Ledger in the competitive blockchain ecosystem, potentially attracting new projects and users to its network.