Ripple is intensifying its DeFi strategy on XRPL with several strategic partnerships since early August. FXRP is now available as collateral in Sentora’s RLUSD vault on Morpho, allowing XRP holders to borrow RLUSD without selling their position. The upcoming XRPL 3.3.0 upgrade will bring ZK-powered privacy for tokenized assets targeting institutional users. XRPL’s stablecoin market cap briefly dropped 14% in 24 hours before rebounding 11% to return above $950 million following Ripple’s minting of nearly 63 million RLUSD. XRP price shows modest gains of just over 4% in Q3, but these developments could become important catalysts for the quarter.
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