CoinDesk

XRP Holders Can Now Borrow RLUSD on Ethereum Through $280 Million Lending Pool

August 4, 2026•03:12 AM

XRP holders now have unprecedented access to liquidity through a new financial mechanism allowing them to borrow RLUSD against their XRP collateral directly on the Ethereum network without selling their assets. This innovative service is powered by a $280 million lending vault, representing a significant development in cross-chain DeFi integration.

This breakthrough creates a vital bridge between the XRP and Ethereum ecosystems, unlocking new utility for the XRP token as collateral in decentralized finance. The vault's decision to accept XRP-linked assets for the first time signals growing confidence in XRP's value and stability, potentially attracting more institutional interest and expanding the token's use cases beyond its traditional remittance applications.

The initiative offers a practical solution for investors who wish to maintain their XRP positions while accessing necessary capital in a stablecoin. The vault, which had never previously accepted an XRP-linked asset, now serves as a crucial bridge between the Ripple ecosystem and the decentralized finance (DeFi) world on Ethereum. This integration not only increases the utility of XRP but also potentially attracts more market participants to the DeFi ecosystem, expanding the frontiers of interoperability between different blockchains.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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