Every Zipp story tagged #Maple, newest first.
Three XRP-backed loans carry about $151.8M in stablecoin principal, making renewals, repayments and any authorized collateral releases key to the pledged balance.
The divergence points to growing use of tokenized real-world assets even as broader DeFi liquidity contracts.
The test is whether a bankruptcy-remote SPV, qualified custody, and first-loss retention can give institutional capital a reason to underwrite crypto-collateralized loans at scale.
The structure is a revolving USDC line that lives entirely onchain, with Maple's lenders backing the credit and Kraken routing OTC borrowers into it.
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