Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Galaxy on October 09, 2020, 12:21:58 PM
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Ripple, the payments startup with a multibillion-dollar valuation, an IPO in the cards and a complex relationship with the XRP cryptocurrency, is branching out into the lending business.
On Friday, the Silicon Valley-based fintech unveiled its Line of Credit for customers using its On-Demand Liquidity (ODL) service, per a company blog post.
"This is our first time testing a product offering in the lending space," a company spokesperson confirmed to CoinDesk. "We may decide to build out a more robust offering in the future."
Info link: https://www.coindesk.com/ripple-lending-credit-xrp