Guggenheim Treasury Services, a subsidiary of Guggenheim, will bring short-term bond products secured by U.S. Treasurys onto the blockchain platform #XRPledger . This is a groundbreaking move, demonstrating that traditional financial institutions are increasingly confident in the efficiency and potential of blockchain. Ripple will also invest 10 million USD in this product, showcasing their strong commitment.

This digitized commercial paper product can be customized with maturities of up to 397 days and is fully secured by the safest asset in the world, U.S. government bonds. Notably, #Ripple also plans to allow customers to purchase this product using the RLUSD stablecoin issued by the company itself. This not only facilitates access to the product but also opens the door for deeper integration of digital assets into the existing financial system.

This collaboration is an extremely positive signal, indicating that blockchain is not limited to cryptocurrency but is becoming an essential infrastructure for complex financial products, providing transparency, efficiency, and broader accessibility. This is clear evidence that blockchain is being increasingly applied, ushering in a new era for the global financial market. #anhbacong