1d ago

Ripple targets 2027 rollout of XRP-backed credit to fund customer payments

AI Market Summary

Ripple President Monica Long said Ripple is piloting credit services that would use XRP placed in lending pools as collateral to support payment customers' short-term funding needs, with broader rollout targeted for 2027. Ripple also plans wider integration of XRPL's DEX into its payments infrastructure following a successful pilot. The news underscores efforts to expand XRP's utility beyond bridge-currency use, supporting the institutional adoption narrative.

Impact level

● Medium

Affected assets

XRP/USDT+2.19%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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Ripple President Monica Long said on October 3 that the company is running a pilot aimed at launching an XRP-based credit service in 2027 to help payments clients meet short-term funding needs. The model would use tokenized funds to enable 24-hour collateral access and real-time borrowing. Ripple also plans to broaden use of the XRP Ledger’s decentralized exchange in 2027 after a pilot produced positive results.

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