$XRP 🔴 BEARISH
CryptoSlate reports: the XRP lending structure forces depositors to absorb 90% of losses from a bad loan, even though reserves are double the loan's size.
The XRP lending model's structure, which places 90% of bad loan losses on depositors even when reserves are double the loan size, raises questions about risk distribution within XRP-based lending protocols. This could affect institutional and retail confidence in XRP lending platforms, potentially influencing demand dynamics for XRP used as collateral or reserve assets.
Market: 1.39, -1.83% over the past day, 1H RSI 41.
Is this coin-specific, or is the whole market bleeding?
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#XRP #bearish $HEMI $MARSCOIN