Ripple President Reveals Plan To Let Payment Customers Borrow Against XRP

Ripple President Reveals Plan To Let Payment Customers Borrow Against XRP - Invest In Crypto News

Trust with CoinPedia: CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy […]

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 conce…

Huge News From XRP Seoul In South Korea

Something is developing inside Ripple’s payment infrastructure. At XRP Seoul in South Korea, Ripple President Monica Long outlined a mechanism that could place XRP at the center of how financial institutions fund their customers’ payments. Crypto influencer Amelie (@_Crypto_Barbie) shared Long’s remarks with her audience. The announcement carries real weight for XRP holders watching for […]