Ripple CEO Plans XRP Lending Push as Evernorth Deploys Treasury

TLDR Ripple CEO Brad Garlinghouse outlines plans to expand XRP Ledger into institutional lending and yield products. Evernorth prepares to deploy its 473 million XRP treasury through institutional trading and yield strategies. XRPL lending upgrades XLS-65 and XLS-66 remain pending, with validator approval required before activation. Doppler Finance reports over $150 million in XRP and RLUSD deposits across more than 14,000 depositors. Ripple’s proposed lending framework includes borrower checks, optional first-loss protection, and institutional risk controls. Ripple CEO Brad Garlinghouse has outlined plans to expand the XRP Ledger beyond payments into institutional lending and yield products. The proposed lending approach would let institutions use XRP holdings in credit markets rather than simply keep them in reserve. The plans come as Ripple-backed Evernorth begins trading on Nasdaq under XRPN.

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