Guggenheim’s Digital Commercial Paper now operates natively on the XRP Ledger through Zeconomy’s tokenization platform.
The asset, backed by U.S. Treasuries and rated Prime-1, provides faster and more flexible institutional use cases on blockchain.
Over $280 million in volume has been processed since launch, with use cases spanning payments, liquidity, and collateral operations.
Guggenheim Treasury Services has introduced its Digital Commercial Paper product on the XRP Ledger. This marks the first native digital commercial paper available on this blockchain network. The integration is led by Zeconomy, a digital infrastructure platform focused on tokenizing traditional financial instruments.
The Digital Commercial Paper is a short-term debt security backed by U.S. Treasuries. It carries a Prime-1 rating from Moody’s, reflecting its low risk. The product appeals to institutional investors seeking low-volatility, yield-generating instruments. Its transition to a blockchain format allows for tokenization and faster settlements.
$280 Million Volume Processed Since 2024
Since its late 2024 launch, DCP has handled over $280 million in transaction volume. By moving to XRPL, the product benefits from faster execution and real-time finance capabilities. Zeconomy provides the compliance and operational framework required to bring institutional-grade finance into the digital space.
https://twitter.com/RippleXDev/status/1932422965343506901
The availability of DCP on XRPL introduces more flexibility for institutions managing liquidity or settling trades. It can now be used for cross-border payments, collateral support, or cash management. These transactions can take place without the usual delays linked to traditional financial clearing systems.
Ripple Advances Real-World Asset Tokenization Strategy
Ripple has supported the rollout of DCP as part of a broader initiative to increase the use of real-world assets on blockchain networks. Ripple already engages with platforms like Ondo and Archax that focus on tokenized treasuries. The addition of DCP aligns with Ripple’s efforts to improve institutional adoption.
The Zeconomy platform enables the secure deployment of traditional finance products within blockchain environments. It offers infrastructure tailored to institutional compliance standards, helping DCP meet the regulatory and operational needs of financial entities.
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