Guggenheim Treasury Services’ issuance of U.S. Treasury-backed DCP on the XRP Ledger marks a significant step in integrating digital assets with traditional finance.
Guggenheim Treasury Services has launched the first native Digital Commercial Paper (DCP) on the XRP Ledger, achieving over $280 million in issuance. This DCP, backed by U.S. Treasury securities and rated Prime-1 by Moody's, offers customizable maturities of up to 397 days. Ripple's $10 million investment in DCP signifies a shift towards integrating digital debt into traditional finance, despite recent declines in XRPL usage. The DCP is available exclusively to qualified institutional investors, reflecting a growing trend in the tokenization of real-world assets.
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