XRP Ledger Is Getting Credit and Privacy: What XRP Holders Need to Know
TL;DR
- The XRP Ledger will incorporate credit and privacy tools that will allow institutions and retail users to operate without intermediaries.
- Amendments XLS-65 and XLS-66 will enable institutional lending pools backed by RLUSD, Ripple’s native stablecoin.
- Amendment XLS-0096 introduces “accountable” privacy over the MPT standard, encrypting balances and amounts without eliminating transparency for issuers and regulators.
Vet, Community Lead at the XRP Ledger Foundation and dUNL validator, published a detailed analysis of the upcoming updates to the XRP Ledger, revealing that the network is about to complete a transition toward a fully native DeFi stack. The goal is for institutions and everyday users to operate directly from their wallets, without relying on bridges, third-party smart contracts, or intermediaries that drive up costs.
The stack was built on the network’s existing infrastructure, which already includes an order book and an AMM, as well as tokenization and regulatory compliance controls. Added to this is amendment XLS-0096, which introduces the concept of accountable privacy through the Multi-Purpose Token (MPT) standard.
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