XRP Lending Amendment Wins One More Ecosystem Vote: Are On-Chain Bond Markets Next?

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The native lending protocol on the XRP Ledger (XRPL) received an important boost today toward final activation. An XRPL Foundation representative known as Vet reported that the built-in amendment gained another critically important "YES" vote. Advertisement It came from the official on-chain support of major ecosystem platform xpmarket , which voted in favor of the XLS-65 and XLS-66 upgrade package. The platform's developers confirmed that this step opens the way for Single Asset Vaults, an on-chain bond market, and direct yield generation. 👾 XPMarket has voted YES on XLS-65 and XLS-66! 🚀XPMarket is backing native lending on the XRPL. These amendments bring Single Asset Vaults and an on-chain Lending Protocol directly to the ledger, unlocking yield, liquidity pools, and credit markets with no external smart… pic.twitter.com/UZi6cSDFtI — xpmarket.com (@xpmarket) June 26, 2026 The LendingProtocol amendment is currently in VOTING status, and at the moment consensus stands at 20% — 7 out of 35 key validators have voted "YES." For the code to be finally implemented at the network's base level, it needs to reach the threshold of 28 votes and maintain it for two weeks. Advertisement As Vet notes, validators have started changing their positions more actively in favor of the update thanks to the community's new, stricter approach to security and amendment review. HOT Stories Fresh XRP $0.51 Roadmap Reveals 1.06 Billion Coins Core Support Target; $2.5 Million in Shiba Inu (SHIB) From 2024 Suddenly Appears On-Chain; Hyperliquid Clears Air on Alert List Dispute - Morning Crypto Report Ripple: Lending on XRPL to Evolve 'Dynamically' Different kind of crypto lending market for XRP Interest in the event is being fueled by the architecture of the protocol itself. Unlike traditional DeFi based on smart contracts, RippleX embeds lending logic directly into the blockchain core at Layer 1. It consists of two elements: XLS-65 (Single Asset Vaults): users pool one type of asset, such as XRP or the RLUSD stablecoin , into a shared vault. XLS-66 (Lending Protocol): the system issues fixed-term loans from this pool and distributes income among depositors. You Might Also Like Fri, 06/26/2026 - 11:53 Ripple: Lending on XRPL to Evolve 'Dynamically' By Alex Dovbnya Advertisement The main difference from crypto's classic model is that the loans will be unsecured. There is no collateral here, and the entire model is closer to the traditional bond market and credit desks in TradFi. Risks are assessed outside the network through off-chain underwriting: the lender independently verifies the borrower's identity and reliability before issuing funds. Voting continues, but the ice has broken — application developers on the XRP Ledger have already started designing interfaces so users can interact with loans as soon as validators lock in the final 28 votes. #XRP #XRP Ledger #XRP News