In a recent tweet, $1 billion XRP treasury company Evernorth spotlights the XRPL native protocol. The XRP Ledger Lending protocol was introduced in rippled version 3.1.0 and is currently being voted upon.
"XRP’s native lending protocol is on the way," Evernorth wrote in a recent tweet highlighting the potential of this major XRPL upgrade.
"Single asset vaults. Term lending with automated repayments. Confidential transfers using zero-knowledge proofs. On-chain institutional infrastructure built at the protocol level," Evernorth wrote.
XRP’s native lending protocol is on the way! Single asset vaults. Term lending with automated repayments. Confidential transfers using zero-knowledge proofs. On-chain institutional infrastructure built at the protocol level. Get the 3 minute breakdown from @sagarCBO.
— evernorthxrp (@evernorthxrp) March 27, 2026
Learn more:… pic.twitter.com/QIQV1bmSIk
XRP enthusiast "Bank XRP" spotlights Evernorth's insights on the XRP Ledger Protocol, referring to the XRP Ledger lending protocol as the "final piece of the XRPL stack."
XLS-66 changes the game as it unlocks utility by putting over $100 billion in dormant XRP to work; it utilizes native security with no need for wrapping or bridging.
Evernorth plans to use XLS-66 as, in an earlier announcement, the firm called for rigorous battle-testing of the new amendment.
According to J.A Akinyele, Ripple is taking a more proactive, AI-driven approach to strengthening XRPL security. This includes AI-assisted testing across the development lifecycle, a dedicated red team and higher standards for how changes are evaluated before they go live.
At the time of writing, XRP was down 2.6% in the last 24 hours to $1.33 amid a broader crypto market sell-off on Friday, which has seen $514 million in total liquidations. Rising U.S. Treasury yields and a stronger dollar spooked risk assets, including cryptocurrencies and crypto-related equities.
The recent market decline has seen $469.22 million in long bets liquidated in the last 24 hours, while shorts came in at $45.52 million, totaling $514.77 million.
The sell-off in the last 24 hours saw XRP volume rise, suggesting a liquidation-driven move. XRP trading volume is up 42.94% in this time frame to $2.59 billion, according to CoinMarketCap data.