Ripple has voted in favor of two amendments on the XRP Ledger that would add vaults and a lending protocol to the network. The proposals — XLS-65, the Single Asset Vault, and XLS-66, the Lending Protocol — are now on the ledger and moving closer to activation. If they pass, they'll give the chain its first native way to lock assets and borrow against them.
Vaults and lending on XRPL
XLS-65 would let users create vaults holding XRP, RLUSD, or other crypto assets. It's a straightforward feature, but one the ledger has never had natively. XLS-66 goes further, enabling fixed-term credit and institutional lending on-chain. That means borrowers can lock assets for a set period and
