#Soil

Soil Launches First RWA Yield Protocol for RLUSD on XRP Ledger

ORQO Group has launched Soil, a compliant real-world asset yield protocol, on the XRP Ledger to provide fixed on-chain returns for holders of Ripple’s RLUSD stablecoin. This integration marks the first time RLUSD holders can access yield-generating opportunities directly on the ledger, signaling a strategic expansion for the asset. ORQO Group, which manages approximately $300 million in assets and holds regulatory licenses in Poland and Malta, is leveraging this deployment to bolster its global presence from its new headquarters in Abu Dhabi. The move coincides with the XRP Ledger’s recent growth in tokenized asset value, where it has surpassed Solana in specific metrics. To support institutional adoption, the XRP Ledger recently activated a permissioned DEX amendment, enabling restricted trading venues for approved participants. Ripple is simultaneously collaborating with Aviva Investors to explore the tokenization of traditional fund structures on the network. This development highlights the ongoing evolution of the XRP Ledger from a cross-border payment rail into a robust infrastructure for regulated financial products.

coinmarketcap.com·6h ago