#RLUSD
2 articles tagged #RLUSD — curated RWA tokenization coverage.
5.5
Infrastructure
Blockonomi·Jul 7
Ripple (XRP) Launches Veterans Fundraiser While Securing EU MiCA Compliance
Ripple has launched a charitable initiative in partnership with the Call of Duty Endowment to support U.S. veterans, pledging to match up to $10,000 in XRP donations. This campaign, part of the America250 Giving4th program, accepts contributions in cash, stocks, XRP, and Ripple’s dollar-backed stablecoin, RLUSD. Simultaneously, the company has increased its public visibility through a high-traffic advertising campaign at Washington D.C.’s Union Station, targeting lawmakers and corporate leaders. These efforts coincide with a significant regulatory milestone as Ripple secured a Crypto Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier. This authorization confirms Ripple’s full compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. By achieving this status, Ripple is now permitted to offer digital asset services across all 30 nations within the European Economic Area. With over 75 regulatory licenses globally, these developments underscore Ripple's strategy to balance philanthropic engagement with institutional-grade regulatory transparency. This dual approach is critical for the RWA market, as it demonstrates how blockchain firms can integrate into established financial ecosystems while navigating complex international policy frameworks.
7.5
Infrastructure
Ripple wants institutions to borrow against tokenized assets on XRPL
Ripple has introduced proposals for a new lending protocol on the XRP Ledger, aiming to enable institutional borrowing against onchain assets. The proposed system, outlined in technical drafts XLS-65 and XLS-66, separates the blockchain's mechanical enforcement of loans from the off-chain credit decision-making process. By keeping credit assessments with traditional institutions, Ripple seeks to bridge the gap between blockchain efficiency and regulatory compliance. The protocol utilizes Single Asset Vaults to pool liquidity, allowing entities to secure short-term financing against assets like the RLUSD stablecoin. This infrastructure is designed to automate repayment and default processing while maintaining consistent, immutable rules at the network's base layer. Unlike crypto-native lending protocols that rely on community governance, Ripple's approach targets institutional stability by preventing underlying risk rules from shifting. This development represents a strategic move to position the XRP Ledger as a viable platform for institutional-grade financial services.