#XRP holders will be able to earn money by lending.
The RippleX team proposed implementing a native landing protocol for the XRP Ledger, a blockchain with the XRP cryptocurrency.
Developers from RippleX presented a proposal to launch a lending protocol - lending. The XRP Ledger, a network based on the XRP cryptocurrency, can get its own lending protocol. This will provide a new opportunity for coin holders to earn money.
The protocol will allow users to take and issue loans to each other directly - in p2p format. This also means that the XRP Ledger's own decentralized exchange - DEX - will play an important role in the finances of the XRP Ledger ecosystem. Its own DEX has been operating on the blockchain since 2012 - it is one of the oldest platforms in the entire crypto space.
Currently, XRP holders from passive income have access to liquidity pools.
In the past, the XRP Ledger - XRPL - has already seen an expansion of functionality. The blockchain has received support for non-fungible tokens - NFTs. And the Ripple team launched a $250 million Creator Fund to support talented NFT artists.
Another area where Ripple could expand is as a central bank digital currency, or CBDC. In 2021, the French central bank - Banque de France - admitted that the banking token XRP will form the basis of the digital euro.#xrp #RippleX #binance $XRP