Ripple President Reveals Plan To Let Payment Customers Borrow Against XRP

The post Ripple President Reveals Plan To Let Payment Customers Borrow Against XRP appeared first on Coinpedia Fintech News

Ripple President Monica Long reportedly said at XRP Seoul on October 3 that the company plans to let payment customers use XRP held in lending pools as collateral for short-term financing. Eligible institutions could fund payment obligations without selling their underlying XRP. Ripple has reportedly begun testing the concept, with broader deployment targeted for 2027. …