Clearpool announced the development of a lending protocol native to the XRP Ledger, utilizing the XLS-66 and XLS-65 protocols. This protocol will use RLUSD as the settlement currency and aims to establish a lending infrastructure at the protocol level. The XLS-65 and XLS-66 amendments are currently available on the devnet but pending mainnet validator approval. This initiative could enhance the utility of the XRP Ledger for institutional participants by developing a more integrated financial ecosystem.
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