The post XRP DeFi Utility Grows; Doppler Finance Unlocks XRP Yield appeared on BitcoinEthereumNews.com.

Doppler Finance introduces a CeDeFi platform enabling XRP holders to earn yield without leaving the XRPL. With over $15 million in TVL, the protocol uses institutional custodians. Doppler’s phased roadmap aims to expand XRP’s utility through staking, real-world assets, and multichain restaking. XRP, long known as a payment-focused digital asset with high liquidity and institutional use, now sees its on-chain utility expand. This shift addresses previous limitations, particularly in decentralized finance (DeFi), where most XRP holdings previously remained idle. Now, according to Jeremy Koch, a researcher at Messari, that dynamic could be shifting. In a recent post, Koch highlighted Doppler Finance, a platform built on the XRP Ledger (XRPL) that allows users to earn passive returns on XRP through structured yield strategies. The platform’s current total value locked (TVL) surpasses $15 million.  Doppler is now gaining an ege in terms of momentum being part of a broader effort to build what some call “XRP-Fi,” DeFi activities native to XRPL. Related: U.S. Pharma Giant Wellgistics to Use XRP for Instant, Low-Cost Transactions Doppler Finance: Pioneering “XRP-Fi” with CeDeFi Model Unlike legacy DeFi protocols or failed CeFi platforms from 2022, Doppler employs a hybrid approach known as CeDeFi (centralized-decentralized finance).  The platform combines on-chain proof-of-reserves with institutional-grade custody via providers like Fireblocks and Ceffu. This model enables Doppler to deploy XRP into off-chain strategies such as arbitrage and basis trading while maintaining user transparency and control. Deposited assets remain visible on-chain and can be withdrawn by users with a seven-day notice. XRPL Technical Upgrades Boost DeFi Capabilities The emergence of Doppler coincides with technical upgrades on XRPL, including the rollout of AMM DEX pools, native stablecoin issuance (e.g., RLUSD), and hooks. These developments are gradually expanding the potential for DeFi-like applications on the network. Koch notes that XRP’s dormant capital, bolstered by…

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Filed under: News - @ May 10, 2025 12:26 pm