Ripple's On-Chain Lending Partner Abandons Ethereum for XRP Ledger

In a significant development for the XRP Ledger ecosystem, Clearpool, Ripple's on-chain lending partner, has opted to switch from Ethereum to XRP Ledger. This move will enable Clearpool to launch a new token with a 50% fee burn, marking a notable shift in its lending operations. The decision is seen as a vote of confidence in the scalability and security of the XRP Ledger platform. Meanwhile, another development suggests that the XRP Ledger is ahead of Ethereum in terms of quantum readiness, aiming to achieve this milestone by 2028. This could have implications for the overall stability and resilience of the Ripple network.