Ripple's President Monica Long just confirmed they're building a lending protocol on XRPL that lets users collateralize loaned $XRP to fund payments.

This is huge for $XRP utility - not just for cross-border rails anymore, but now as actual collateral in DeFi primitives.

If they nail the execution, this could unlock serious TVL and create real yield opportunities for $XRP holders while expanding payment liquidity.

Ripple's been quiet on DeFi moves - this changes the narrative.