U.S. Investment FirmTaps Ripple To Expand Digital Debt Offer

U.S. Investment FirmTaps Ripple To Expand Digital Debt Offering, Treasury-Backed Asset Launches On XRPL 
Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, has expanded its tokenized U.S. Treasury-backed Digital Commercial Paper (or DCP) offering to Ripple’s XRP Ledger, following its initial launch on Ethereum back in September 2024.
The partnership includes a $10 million investment from Ripple and enables purchases using Ripple’s RLUSD stablecoin.
Issued by Zeconomy and rated Prime-1 by Moody’s, the DCP benefits from XRPL’s low-cost, fast settlement infrastructure. 
Sources: The Block and Cointelegraph

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U.S. Investment FirmTaps Ripple To Expand Digital Debt Offering, Treasury-Backed Asset Launches On XRPL

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