XRP Lending Debate Intensifies Ahead of Native Ledger Upgrades

A debate has emerged between prominent blockchain figures over the future of lending on the XRP Ledger. Ripple (XRP) CTO Emeritus David Schwartz and Flare CEO Hugo Philion are discussing whether developers should wait for native tools to launch on the ledger or start building external lending infrastructure immediately. The discussion comes as the XRP cryptocurrency experienced a 4.82% decline today, trading at 1.352 USD.

Lending is widely regarded as a fundamental necessity for any financial system. A native lending feature on the XRP Ledger would allow users to lend and borrow assets directly on the blockchain. Currently, validators are still voting on XLS-66, the proposal that would enable this feature. Flare plans to deploy its own lending logic using protocol-managed wallets and confidential computing, which would let users lend directly from native wallets and avoid the security risks associated with traditional cross-chain bridges.

Investors and developers are watching the validator vote on the XLS-66 proposal to see if native lending will be officially integrated. Meanwhile, XRPL Commons is promoting an upcoming hackathon in New York focused on lending and borrowing tracks to encourage early development. The ultimate test for both native and external approaches will be their ability to deliver secure, functional lending products to the market.