Ripple launches XRPL lending protocol, developers can now access and test it on the testing network According to Foresight News, Ripple has launched the XRPL Lending Protocol, providing on chain credit infrastructure for tokenized assets. The core principle of this agreement is to keep credit judgment off chain and only standardize the execution process on chain. The institution completes underwriting and compliance review on its own, and the agreement is responsible for standardizing the execution of liquidity pooling, loan disbursement, repayment, and default handling. \The protocol consists of two parts: a Single Asset Vault, which is used for on chain pooling management of a single asset; Lending Protocol, which disburses treasury liquidity as loans with clear terms. The two proposals correspond to XLS-65 and XLS-66 respectively, and still require node approval for verification. The agreement supports a post capital mechanism at the facility level, with the fund pool manager assuming priority risk exposure over other liquidity providers. At present, developers can access and test the protocol on the testnet.