By Marco Piccolo Key highlights: RLUSD is now integrated into Securitize, enabling redemptions from BlackRock and VanEck tokenized funds. Investors in BUIDL and VBILL funds can swap shares for RLUSD on demand, creating a 24/7 off-ramp. The move positions RLUSD as a settlement layer for institutional tokenized finance. Trade Crypto on Kraken A new liquidity […]
Tag: SVP
By Marco Piccolo Key highlights: Ripple’s stablecoin RLUSD has crossed a $500 million market capitalization milestone. The Bank of New York Mellon (BNY Mellon) has been selected as RLUSD’s primary custodian. RLUSD aims to compete with leading enterprise stablecoins by targeting institutional use cases. Trade Crypto on Kraken Ripple’s US dollar-backed stablecoin, RLUSD, has surpassed […]
By Marco Piccolo Digital Commercial Paper (DCP), a short-term debt instrument backed by U.S. Treasuries and rated Prime-1 by Moody’s, is now available on the XRP Ledger. The move expands the reach of Guggenheim Treasury Services’ flagship fixed income product from Ethereum to Ripple’s high-performance blockchain, marking a significant step in the tokenization of real-world […]