XRP Ledger (XRPL) is becoming a central infrastructure for institutional decentralized finance (DeFi) with features like tokenized real-world assets, decentralized identity (DID), and liquidity mechanisms.
XRPL's advancements include implementing a Central Limit Order Book (CLOB) for liquidity, an Automated Market Maker (AMM) for efficient trading, and payment features like escrow-based transfers and micropayments.
Decentralized identity (DID) on XRPL allows secure authentication without central authorities, enhancing privacy and compliance with regulations.
XRPL incorporates native price oracles to ensure accurate asset pricing for tokenized real-world assets and enhance risk management in institutional DeFi.