The project will build an open-source lending application on XRPL, signaling a focus on compliance in decentralized finance infrastructure.
XRP Ledger Foundation has partnered with VS1 Finance to build an open-source compliant lending application on XRPL. The collaboration points to continued development of lending tools on the XRP Ledger, with compliance positioned as a core feature as crypto projects try to align decentralized finance products with regulatory expectations.