Messari’s Koch: “XRP-Fi” Emerges as Doppler Finance Start to Offer Yield on XRP Ledger
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- Doppler Finance introduces a CeDeFi platform enabling XRP holders to earn yield without leaving the XRPL.
- With over $15 million in TVL, the protocol uses institutional custodians.
- Doppler’s phased roadmap aims to expand XRP’s utility through staking, real-world assets, and multichain restaking.
XRP, long known as a payment-focused digital asset with high liquidity and institutional use, now sees its on-chain utility expand. This shift addresses previous limitations, particularly in decentralized finance (DeFi), where most XRP holdings previously remained idle. Now, according to Jeremy Koch, a researcher at Messari, that dynamic could be shifting.
In a recent post, Koch highlighted Doppler Finance, a platform built on the XRP Ledger (XRPL) that allows users to earn passive returns on XRP through structured yield strategies. The platform’s current total value locked (TVL) surpasses $15 million.
Doppler is now gaining an ege in terms of momentum being part of a broader effort to build what some call “XRP-Fi,” DeFi activities native to XRPL.
Related: U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions
Doppler Finance: Pioneer…
The post Messari’s Koch: “XRP-Fi” Emerges as Doppler Finance Start to Offer Yield on XRP Ledger appeared first on Coin Edition.
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Messari’s Koch: “XRP-Fi” Emerges as Doppler Finance Start to Offer Yield on XRP Ledger
Share:
- Doppler Finance introduces a CeDeFi platform enabling XRP holders to earn yield without leaving the XRPL.
- With over $15 million in TVL, the protocol uses institutional custodians.
- Doppler’s phased roadmap aims to expand XRP’s utility through staking, real-world assets, and multichain restaking.
XRP, long known as a payment-focused digital asset with high liquidity and institutional use, now sees its on-chain utility expand. This shift addresses previous limitations, particularly in decentralized finance (DeFi), where most XRP holdings previously remained idle. Now, according to Jeremy Koch, a researcher at Messari, that dynamic could be shifting.
In a recent post, Koch highlighted Doppler Finance, a platform built on the XRP Ledger (XRPL) that allows users to earn passive returns on XRP through structured yield strategies. The platform’s current total value locked (TVL) surpasses $15 million.
Doppler is now gaining an ege in terms of momentum being part of a broader effort to build what some call “XRP-Fi,” DeFi activities native to XRPL.
Related: U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions
Doppler Finance: Pioneer…
The post Messari’s Koch: “XRP-Fi” Emerges as Doppler Finance Start to Offer Yield on XRP Ledger appeared first on Coin Edition.
In This News
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In This News
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Russia’s Sberbank Tests DeFi Tools, Offers Crypto Investment Products