Kraken has launched Flexline, a fixed-rate crypto loan product for Pro users offering 10–25% APR and terms up to two years. The feature lets users borrow against crypto collateral with predictable payments.
Coinbase has expanded its U.S. lending product to accept XRP, ADA and DOGE as collateral, letting customers borrow against popular altcoin holdings. The move broadens collateral options and offers another path to liquidity without selling assets.
Strike has lengthened the margin call recovery window and adjusted loan-to-value limits for its bitcoin-backed loans. The moves are intended to give borrowers more time to restore collateral as crypto markets remain volatile.
Sberbank, the first Russian bank to issue a loan backed by cryptocurrency, is moving to broaden lending products that accept digital assets as collateral. The expansion aims to integrate crypto into consumer and corporate credit offerings under a regulated bank framework.
The XRP Ledger has launched a suite of institutional DeFi tools — compliance modules, an institutional-grade lending protocol, and enhanced privacy features — aimed at banks and custodians. The announcement comes as XRP trades at $1.28 after a roughly 16% decline amid broader market softness.
Flare rolled out a major DeFi upgrade that lets XRP holders lend FXRP for yield or post it as collateral to borrow other assets, unlocking new on-chain utility and income options.
SBI VC Trade has expanded its crypto lending program to include XRP, SHIB, BTC and additional tokens, allowing users to earn interest by lending holdings. The Japan-based exchange arm of SBI Group said the move broadens on-platform earning options and could support market liquidity.
SBI VC Trade opens recruitment tonight for its Rent Coin XRP lending service, giving Japanese users a new on-exchange yield option. The rollout signals growing institutional offerings for XRP lending in Japan.
Binance has added DeFi lending to its self-custody wallet via a partnership with Venus Protocol, enabling XVS-based loans. The move follows an institutional lending rollout that offered up to 4x leverage and zero-interest terms for select clients.
PayPal is applying for a U.S. bank charter to boost small-business lending, reduce reliance on partners, and pursue new growth avenues amid tighter lending and capital rules. The move could shift competitive dynamics between fintechs and traditional banks.