Former RippleX Executive Says XRP Has a “Killer Use Case”

RippleX Head of Product Jazzi Cooper announced that using XRP as collateral for institutional credit constitutes a “killer use case” for the token. She confirmed the statement on X, noting that the capability is enabled by the XLS‑65 and XLS‑66 lending protocol now live on the XRP Ledger.

How the Lending Protocol Expands XRP’s Role

The protocol allows market makers and institutional traders to post XRP as collateral to obtain credit lines without liquidating their positions. It introduces native fixed‑term, fixed‑rate lending through Single Asset Vaults, letting institutions treat XRP as productive working capital while retaining off‑chain control over underwriting and compliance.

Institutional Adoption

Commentator Bill Morgan highlighted that the use case became viable after the SEC lawsuit against Ripple concluded and the lending protocol launched. Ripple Prime already accepts XRP as eligible collateral alongside Bitcoin, RLUSD, fiat, gold and treasuries. A recent SEC filing from Charles Schwab shows XRP ETFs being used increasingly as repo collateral.

Infrastructure Developments

XRPL validators plan to release Lending Protocol v1.1 with XRPL version 3.4.0, bringing improvements to Single Asset Vaults. Institutional partners such as Clearpool and Cicada Partners have originated $930 million and $860 million in loans respectively, providing a combined near‑$1.8 billion ready for deployment on XRPL. RLUSD’s market cap of approximately $2.42 billion adds additional liquidity.

Market Outlook

At the time of writing, XRP trades around $1.37. Analyst Crypto Patel notes that a weekly close above $1.55 could open a path toward $2 and the all‑time high of $3.66, while failure to break higher may see price retest the $0.70‑$0.95 demand zone.