XRP (CRYPTO: XRP) has gained 9% over the past seven days, outperforming much of the broader crypto market, as institutional developments and ecosystem upgrades boosted sentiment
Evernorth Plans To Leverage XRP Lending Protocol
Evernorth announced it intends to integrate the upcoming XRP Lending Protocol (XLS-66) into its digital asset strategy, aiming to unlock yield opportunities for institutional XRP holders.
While XRP has historically been used for payments and cross-border settlement, it has lacked a native yield-generating mechanism for idle holdings.
The proposed lending protocol seeks to address that gap by enabling holders to deposit XRP into Single-Asset Vaults (SAVs), …