Expectations pointed to a slowdown, but support for lending on the XRP Ledger has risen from 19 to 22 validators since mid-October. $XRP
That means 22 of the 35 validators support activating a banking lending system on the network. There is no public tracker showing which validators have changed their position.
If the quorum is reached, this could pave the way for institutional lending products on the network itself. But no date has been announced, and current support is not confirmation of a launch.
What matters to you as a follower in the Gulf: wait for the official activation announcement before making any plans based on this figure, as the timeline could be delayed.
The question: Do you see banking lending on public networks as a real opportunity, or a regulatory risk that outweighs the potential returns?
#XRP #DeFi
This content is for informational purposes only and is not financial advice.
Tap $XRP to trade
$XRP
Others got there before you and followed. Visit my profile and stay with those who read up before the news spreads.
That means 22 of the 35 validators support activating a banking lending system on the network. There is no public tracker showing which validators have changed their position.
If the quorum is reached, this could pave the way for institutional lending products on the network itself. But no date has been announced, and current support is not confirmation of a launch.
What matters to you as a follower in the Gulf: wait for the official activation announcement before making any plans based on this figure, as the timeline could be delayed.
The question: Do you see banking lending on public networks as a real opportunity, or a regulatory risk that outweighs the potential returns?
#XRP #DeFi
This content is for informational purposes only and is not financial advice.
Tap $XRP to trade
$XRP
Others got there before you and followed. Visit my profile and stay with those who read up before the news spreads.
