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Inside XRP Ledger’s lending plan, where the borrower posts no collateral

By Rony Roy

XRP Ledger’s proposed lending system would let a borrower receive a fixed-term loan without posting crypto collateral for the protocol to liquidate. The money would come from depositors in a shared vault, with a loan broker assessing the borrower outside…

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

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