Maple Locks $280M in XRP Collateral as Upcoming Maturity Dates Threaten Liquidations
Key Highlights: Maple disclosures reveal approximately 225 million XRP worth $280.2 million pledged as collateral across three institutional loan facilities. The collateral backs roughly $151.8 million in combined loan principal issued through Maple’s Ethereum-based syrupUSDC and syrupUSDT pools, with XRP custodied natively on the XRP Ledger. Upcoming debt maturities in December and January will serve ...