1d ago

Ripple touts $3.1T collateral use case for XRP tied to the proposed XLS-66 standard

AI Market Summary

Ripple's proposed XLS-66 standard frames native XRP as usable collateral for institutional credit, potentially expanding XRP's utility beyond payments by reducing the need to liquidate holdings to raise liquidity. Evernorth's intent to make the standard core to its strategy adds credibility and could accelerate adoption. The narrative of a large collateral and lending addressable market may support near-term interest in XRP-linked infrastructure and liquidity.

Impact level

● Medium

Affected assets

XRP/USDT+7.62%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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Ripple said the proposed XLS-66 standard could unlock a potential $3.1T market for using XRP as collateral. The standard would allow institutions to use native XRP to access credit without selling the asset. Evernorth said it plans to make the standard a core part of its strategy and expects it could support a multibillion-dollar annual lending market.

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