Doppler Finance has officially launched as the first decentralized finance (DeFi) protocol for the XRP Ledger ecosystem, signaling a significant development for the network. Backed by investments from Ripple Eco Fund and Futureverse, Doppler Finance aims to drive the growth of DeFi on XRP. Real Vision's Raoul Pal responded positively to the news, stating that as more applications like DeFi are built on top of XRP, the network's value will increase. He emphasized the importance of practical use cases for XRP, which had previously limited its market impact. Doppler Finance's success, along with the rise of XRP stablecoins, indicates that the ecosystem is experiencing notable growth, presenting opportunities for future applications and expansion.
Content Editor ( coinpedia.org )
- 2025-02-18
Ripple News: Here’s What Raoul Pal Said About XRP And SEC
