XRPL Eyes Fixed-Term Lending Through New XLS-66 Standard

TLDR XRPL is considering XLS-66, a lending standard for fixed-term loans funded through pooled assets. The proposal would rely on XLS-65 Single Asset Vaults, where depositors receive shares representing their pool ownership. Loan brokers would manage lending pools, set fees, approve loans, and determine first-loss capital requirements. Credit checks and borrower assessment would remain off-chain [...]

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