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XRP Ledger DeFi sees fixed-income activity as OpenEden Treasuries top $62 million

OpenEden’s tokenized Treasuries on the XRP Ledger are offering a 3.60% APY, highlighting demand for blockchain-based fixed-income products.

XRP

Summary

Fixed-income activity on XRP Ledger DeFi is gaining traction as OpenEden’s tokenized Treasuries offer a 3.60% APY and have attracted more than $62 million in locked value. The update points to growing interest in tokenized real-world assets, which bring traditional yield-bearing instruments such as U.S. Treasuries onto blockchain rails for onchain access and settlement.

Terms & Concepts
  • DeFi: Decentralized finance services built on blockchain networks.
  • tokenized Treasuries: Blockchain-based tokens representing exposure to Treasury assets.
  • APY: Annual percentage yield, including compounding returns.