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Bitget has added 39 stock tokens (rToken) for collateral in its staking and borrowing services

According to the official announcement, Bitget's staking and borrowing section has added support for 39 stock tokens (rToken) as collateral assets. The newly listed targets include popular US stocks and ETFs such as rAMD, rSMH, rARM, and rSKHY, covering diverse categories like semiconductors, finance, healthcare, and energy.Users holding the relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, releasing liquidity without selling their positions. The related features are now available on the web, and the app version is expected to be launched within this week. Specific collateral parameters and more details can be found on the Bitget official platform.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools like NASDAQ and NYSE through cooperation with compliant broker Alpaca. Its features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, support for corporate actions (such as stock splits), and the ability to use holdings as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Ripple plans to introduce an institutional-level lending protocol on XRPL, allowing tokenized assets to be used as collateral for financing

XRPLRipple is actively promoting the addition of a layer of lending infrastructure on the XRP Ledger (XRPL), enabling institutions to use on-chain tokenized assets as collateral for financing, while the loan terms are automatically executed by the protocol, with credit assessments and lending decisions still made by off-chain institutions.According to reports, the proposal is named the XRPL Lending Protocol (corresponding to the XLS-65 and XLS-66 standards), which is currently still in the technical draft stage and must be approved through validator voting before it can go live on the mainnet, but it is already available for developer testing on the test network.The design of the protocol splits the lending process into two parts: on-chain mechanisms responsible for fund pool management, interest calculation, repayment execution, and default handling; while borrower credit assessments and loan term settings remain with traditional financial institutions to meet compliance requirements in different jurisdictions.Ripple states that this mechanism is primarily aimed at institutional short-term liquidity needs, such as in cross-border payment scenarios, where temporary financing is obtained through stablecoins or collateralized assets before settlement, to enhance capital efficiency.Analysts believe that this solution attempts to introduce a "rule-based lending infrastructure" similar to traditional finance while maintaining the open network attributes of XRPL, but it still faces competition from established on-chain lending protocols like Aave, Compound, and Maple.
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