XRPL lending protocol gains validator support as vault vote advances
The XRP Ledger's proposed native lending protocol has picked up more validator support, with the LendingProtocol amendment reaching 22 votes according to the XRPL amendment tracker. The lending and single-asset vault amendments are moving closer to the threshold needed for mainnet activation. A native lending market would expand XRP Ledger's DeFi utility, a development traders may read as a positive for XRP's ecosystem.