XRPL introduces new lending protocol with potential liquidity lock-up

The XRP Ledger (XRPL) has released xrpld 3.4.0, featuring a new lending protocol that allows depositors to commit assets to closed-ended vaults for fixed terms. This design enables liquidity lock-ups ranging from minutes to years, depending on the subscription and redemption dates set for each vault. While the protocol aims to facilitate loan funding, its activation remains subject to the ongoing amendment process and validator consensus.