However, the XRP Ledger (XRPL) extends the RippleNet ecosystem. With it, the cross-border payments platform for easy foreign currency exchange and fast settlement is a complete DeFi chain.

XRPL supports coin issuance, smart contracts and the full range of DeFi use cases with XRP as the underlying token. This makes XRP Ledger an Ethereum competitor.

Solana, Cardano, and Avalanche get most of the media attention as "Ethereum killers". But XRP Ledger is in the background, quietly and steadily developing Ripple into a DeFi cryptocurrency.#sanor016CommUNITY