A proposed XRPL standard would let institutions borrow against tokenized assets, with the blockchain enforcing loan terms while the underwriting stays with human credit teams. It still needs validator approval to go live.
Ripple has proposed a new XRPL standard, allowing institutions to borrow funds against tokenized assets. This innovative system aims to leverage blockchain technology for enforcing loan terms, while human credit teams will continue to manage the underwriting process. The…
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