๐ฆ Guggenheim x Ripple
Guggenheim is issuing U.S. Treasuryโbacked digital debt on the XRP Ledger (XRPL) with terms up to 397 days.
๐ธ Ripple's Role
Ripple is investing $10M via RippleX and supporting purchases using its RLUSD stablecoin (over $350M in circulation).
๐ Blockchain Expansion
This follows Guggenheimโs $20M Ethereum issuance (Sep 2024), now expanding to XRPL for faster, cheaper, 24/7 transactions.
๐ Big Picture
A major move in real-world asset tokenization, blending traditional finance with crypto tech.