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Ripple Is Exploring Lending Product That Operates with XRP Payment Solution
Summary: According to the Block, Ripple is developing a loan product to provide working capital loans to RippleNet users, as confirmed by a spokesperson of the second-largest fintech company in the US.
According to the Block, Ripple is developing a loan product to provide working capital loans to RippleNet users, as confirmed by a spokesperson of the second-largest fintech company in the US.
Per the spokesperson, the lending offering will utilize the On-Demand Liquidity (ODL) payment solution of Ripple (XRP). “The offering is still in its early stages, but we have received positive feedback from several customers.”
By Yiran Dai
Last Update:
Tags: Ripple,XRP
Link: Ripple Is Exploring Lending Product That Operates with XRP Payment Solution [Copy]
Tags: Ripple,XRP
Link: Ripple Is Exploring Lending Product That Operates with XRP Payment Solution [Copy]
