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Altcoins & DeFi

Ripple CEO Ends Speculation on What's Ahead for XRP Ledger

Image: U.Today

Ripple CEO Brad Garlinghouse has defined the next stage of XRP Ledger (XRPL) development. On air on the Wall Street show, the head of the company stated that native credit infrastructure and on-chain yield tools for institutional capital are being added to cross-border settlements and the buy-and-hold strategy. The plan outlined by Garlinghouse is being implemented against the backdrop of the Evernorth Holdings fund's listing on Nasdaq under the ticker XRPN, to which Ripple allocated 127 million XRP tokens . According to the CEO's statement, the goal of the partnership is to deploy on-chain and off-chain products capable of making liquidity work. The yield-generation vector outlined by the head of Ripple already relies on the existing hybrid CeDeFi architecture.

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