XRP Ledger releases DeFi development plan for financial institutions

Ripple Labs released a new round of development plans for the XRP Ledger on February 25. The plan mainly targets traditional financial institutions, aiming to provide compliant blockchain solutions for banks and other regulated institutions. This includes launching licensed DEXs, credit lending protocols, and new token standards. Despite the recent surge in XRP prices, its chain activity is still far below competitors like Ethereum. Ripple hopes to attract more financial institutions to participate by introducing new businesses such as real asset tokenization, thereby accelerating network development. Several asset management companies have applied to list XRP ETFs in the United States, which could bring new growth momentum for XRP.