Ripple Proposes XRPL Standard to Let Institutions Borrow Against Tokenized Assets

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Ripple has put forward a new technical standard for the XRP Ledger that would enable institutions to use tokenized assets as loan collateral. Under the proposal, the blockchain itself would enforce loan terms automatically. However, credit underwriting decisions would remain in the hands of human teams rather than being automated. The standard is not yet active and requires approval from XRPL validators before it can be implemented.

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