Ripple Backs Amendments to Introduce Single-Asset Vaults on XRP Ledger

Ripple has voted to support two XRP Ledger amendments designed to introduce single-asset vaults and fixed-term institutional lending directly at the network's protocol level. The company's validator voted 'yes' on XLS-65 and XLS-66, supporting native vaults and lending.

According to the latest voting data, XLS-65 has reached approximately 40% support, while XLS-66 has secured more than 37%. Both amendments require over 80% support for two consecutive weeks before activation. The framework could support loans funded with XRP, RLUSD, and other XRPL-issued assets.

Ripple's vote follows the amendments' entry into the formal validator process earlier this year. Validators can independently decide whether to support an amendment, but Ripple's vote carries attention due to its status as a major contributor to XRPL development.