Evernorth Prepares Native XRP Lending on XRPL as Validators Review XLS-66
Evernorth has signaled plans to offer native XRP lending directly on the XRP Ledger, contingent on validator approval of the XLS-66 amendment that enables on-chain loans. The company has suggested the initiative could introduce as much as $100 billion of lending capacity to XRPL, a scale that would significantly expand liquidity, utility and yield opportunities for XRP holders. If validators adopt XLS-66, native lending could draw institutional capital and accelerate DeFi product development on XRPL, shifting some activity from off-ledger custodial setups to ledger-native credit primitives. The proposal’s impact will depend on technical review, validator consensus and regulatory clarity, so timelines remain uncertain, but the move underscores growing interest in embedding financial primitives directly into blockchain infrastructure.