XRP Ledger Unveils Native Lending and Privacy Tools

The XRP Ledger is set to undergo significant upgrades with the introduction of native lending and privacy tools. The XRPL Foundation's Head of Community, Vet, announced that the network will switch to a fully autonomous mode and roll out a built-in DeFi stack. This means institutions and retail investors can operate directly on the platform without third-party smart contracts, bridges, or intermediaries.

The XLS-0096 amendment introduces 'accountable privacy' based on the Multi-Purpose Token (MPT) standard, which encrypts balances and transaction amounts from third parties while preserving transparency for issuers and regulators. Permission Delegation will also allow banks and funds to securely delegate trading on private DEXs (pDEXs) to their traders or bots without exposing wallet private keys.

The lending sector is being developed through the XLS-65 and XLS-66 amendments, with Ripple's official partnership with Clearpool and Cicada Partners launching institutional lending pools backed by the native RLUSD stablecoin. This brings major market participants into the ecosystem, increasing total value locked (TVL) and providing retail XRP holders with three direct opportunities: earning interest from lending, accessing liquidity pools, and completing mandatory compliance checks for access to these pools.

According to Vet, developers built this infrastructure throughout both bull and bear markets with one goal in mind: once the amendments are approved, retail XRP holders and major funds will be on equal footing, gaining access to liquidity, loans, and data protection directly at the wallet level.