Ripple has announced an update to the XRP Ledger network, introducing new features to make it more attractive for institutional usage. This includes expanding compliance functions, offering lending options, introducing flexible tokens, implementing permissioned settings, and launching an EVM sidechain. These updates aim to meet regulatory requirements, provide new lending opportunities, and attract more developers to the network. XRP prices have risen by 2.2% in the past 24 hours, outperforming Bitcoin's 1.1% decline.



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