Ripple CEO Announces XRP Treasury Deployment for Lending
Brad Garlinghouse reveals plans to utilize XRP from Ripple's treasury for lending purposes.
Brad Garlinghouse reveals plans to utilize XRP from Ripple's treasury for lending purposes. XRP (XRP) is trading at ₹128 ($1.34). This is an original Token Times brief based on reporting by DailyCoin, with live market data added, as of Thu, 15 Oct 2026 21:15:01 UTC.
This development highlights Ripple's strategic move to leverage its XRP holdings to generate additional value and potentially increase liquidity in the market.
- Ripple plans to deploy XRP from its treasury for lending activities.
- The move aims to create new financial products and services using XRP.
- XRP price is up 1.28% in the last 24 hours amid the announcement.
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- Ripple CEO Announces XRP Treasury Deployment for Lending — this brief
During the closing-bell ceremony at Evernorth, Ripple CEO Brad Garlinghouse revealed the company's plans to deploy 
XRP from its treasury for lending activities. This strategic move aims to leverage Ripple's significant XRP holdings to generate additional value and potentially increase liquidity in the market.
The announcement indicates Ripple's intent to create new financial products and services using XRP, which could open up new revenue streams and strengthen the utility of the digital asset. This initiative aligns with Ripple's broader vision of expanding the use cases for XRP beyond its traditional role in cross-border payments.
While the exact details of the lending program and the amount of XRP to be deployed remain undisclosed, the announcement has already sparked interest in the market. This development comes at a time when the overall crypto market is relatively flat, with a total market cap of $2.84 trillion.
XRP's price has reacted positively to the news, with a 1.28% increase in the last 24 hours, bringing its current price to $1.34. This uptick suggests that investors view the lending initiative as a positive step for Ripple and the broader XRP ecosystem.
Looking ahead, market participants will be watching for further details on the lending program and how it will be implemented. The success of this initiative could set a precedent for other companies holding significant crypto reserves to explore similar strategies.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹127.64$1.34 to ₹127.64$1.34 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹141.3 (about $1.34), up 0.9% over 24 hours. The rupee itself trades about 10.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 15, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple CEO Announces XRP Treasury Deployment for Lending — questions & answers
What is Ripple planning to do with its XRP holdings?
Ripple intends to deploy XRP from its treasury for lending activities to create new financial products and services.
How has the market reacted to Ripple's announcement?
XRP's price has increased by 1.28% in the last 24 hours following the announcement.
What is the significance of Ripple's lending initiative?
The initiative aims to leverage Ripple's XRP holdings to generate additional value and potentially increase liquidity in the market.
How much is 1 XRP worth in rupee today?
About ₹141.3 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.34. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from DailyCoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.