XRPL Lending Protocol Passes Halborn Re-audit, Moves Toward Launch

According to Halborn's re-audit for Ripple, the XRP Ledger Lending Protocol is moving closer to launch, reinforcing its readiness for deployment. Built around Single Asset Vaults (SAVs), the protocol introduces fixed-term, on-chain lending, allowing users to supply assets that borrowers can access under predefined conditions while maintaining a structured and secure lending environment.

Lending platform SOIL plans to leverage the protocol and its vault infrastructure to support lending strategies involving XRP, RLUSD, and USDC. Powered by the proposed XLS-65 and XLS-66 amendments, the protocol is viewed as a foundational step toward a more robust XRPL DeFi ecosystem.