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XRPL Enhances Compliance Tools, Explores Lending and Privacy Solutions
RippleX Advances Institutional Features on XRPL
- RippleX focuses on institutional-grade features for the XRP Ledger (XRPL), emphasizing compliance and research into lending and privacy solutions.
- Introduced compliance tools include:
- Deep Freeze: Allows issuers to freeze assets as needed.
- Credentials: Offers identity checks to meet regulatory standards.
- A native lending protocol is discussed but not confirmed for future XRPL releases.
- Work on zero-knowledge proof integrations aims to support confidential transactions, though no launch date is set.
- The platform targets stablecoin payments and collateral management with tokenization as a core layer.
- Competition includes Ethereum, Solana, and Avalanche in tokenization and institutional markets.
- Compliance features are active, but other elements like lending and confidential token standards remain in proposal or research phases.