Maple Finance holds $280M in XRP collateral against stablecoin debt
CIE News ·
Based on reporting by CryptoSlate; not yet independently confirmed.
Maple Finance reported around 225M XRP collateralized against $151.8M in stablecoin loans, according to CryptoSlate, with upcoming maturities in December and January.
Institutional lending protocol Maple Finance reported about 225 million XRP backing roughly $151.8 million in stablecoin debt across its syrupUSDC and syrupUSDT pools, CryptoSlate reported on October 31, 2026. The positions hold between $280 million and $281 million in collateral on the XRP Ledger for loans originated from Ethereum pools. The three positions carry collateral levels ranging from 178.3% to 188.2%, with maturities falling between December 2026 and January 2027. Borrowers must negotiate renewals or make repayments to prevent collateral sales under the protocol's liquidation rules.
Key facts
- 225M XRP locked
- $280M collateral value
- $151.8M loan principal
- Maturities in Dec 2026-Jan 2027
Read the original at CryptoSlate