Ripple CTO 'Very Excited' About New XRPL Lending Protocol Prop | DeFi Updates

Ripple CTO 'Very Excited' About New XRPL Lending Protocol Proposal for DeFi Expansion

David Schwartz, the CTO at Ripple, has published a comment on the recent proposal of a native lending protocol to be launched on XRPL. His comment is all the more interesting since Schwartz was one of those software engineers who built this ledger.Schwartz tweeted to approve the above-mentioned proposal made by developers Aanchal Malhotra (also the head of research at RippleX) and Vito Tumas, submitting it for review and feedback. The Ripple CTO said that if this proposal is passed, it will add new utility to XRP Ledger.

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