🚨 XRP quietly switches on native lending market through its 3.1.3 core upgrade 🚨
XRP Ledger has activated a native, on-ledger lending market through its 3.1.3 core upgrade. The new system adds single-asset vaults and a built-in lending protocol, pushing XRP beyond payments and toward yield-bearing financial infrastructure.
🔑 Key highlights:
🔹️ The XRP Ledger 3.1.3 upgrade activated single-asset vaults and a lending protocol.
🔹️ The lending rules are embedded directly into the ledger rather than built as third-party smart contracts.
🔹️ Vaults are designed to isolate risk so problems in one pool do not spread across the network.
🔹️ The system is meant to support underwritten loans rather than blind lending.
🔹️ The article says Evernorth, which holds more than 400 million XRP in treasury, has committed to deploying its position into the new lending protocol.
🔹️ The new setup is being framed as a move from payments-only infrastructure toward a system where capital can sit, earn, and circulate inside the network.
🎯 Bottom Line: XRP Ledger’s native lending upgrade could turn the network into a yield-bearing financial system, not just a payments rail.
https://dailycoin.com/xrp-quietly-switches-on-native-lending/