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Corporate Roadmap from Ripple: XRP Will Be the Apple of the Eye! - Coin Newsletter
Ripple announced that it will add new features for institutional use to the XRP Ledger network.
Ripple has announced that it will add new features such as compliance functions and expanded credit options to make the XRP Ledger more appealing for institutional use.
Network upgrades will include **flexible tokens, lending system, EVM sidechain, and permissioned settings that will take place on the decentralized network without intermediaries. These innovations will complement decentralized identity applications with the clawback feature already active on the network, which allows the issuer to redeem tokens associated with illicit activities.
Flexible tokens can represent any type of digital asset, such as bonds or collectibles, and will be equipped with additional information to make it more functional. The new loan tool will allow companies to borrow directly on the XRP Ledger without the need for banks. This system is intended to be safe and in compliance with regulatory rules.
EVM sidechain, will transition to the mainnet(mainnet) in the second quarter of 2025, enabling more developers to join the XRP Ledger network. This innovation will expand the use cases of the network and contribute to the development of decentralized applications (dApp).
Through permission settings, companies can set rules about who can use specific features, ensuring privacy and security, and complying with legal standards.
Ripple is expected to positively impact the adoption and price performance of XRP with these expanded use cases offered to institutional investors.
The price of XRP has risen 2.2% in the last 24 hours, outperforming Bitcoin, which lost 1.1 in value following the market crash on Tuesday.