Under Ripple's proposed uncollateralized lending protocol pitched to payment companies since June 2026, depositors pool assets into vaults and offchain loan brokers determine borrower eligibility without on-chain collateral requirements.

From the articleXRP Ledger bug fix nears activation while Ripple’s bank lending system stays 10 votes shortAlso in XRPL Bug Fix Nears Approval While Ripple Lending Proposal Stalls 10 Votes Short, XRP Ledger bug fix nears approval as lending launch remains on hold