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Crypto

Ripple launches RLUSD yield protocol on XRPL to expand stablecoin uses

Ripple has launched its first real-world asset-based yield protocol on the XRP Ledger using the RLUSD stablecoin, The Block reported. The protocol is designed to generate on-chain yield. Developed by ORQO Group, it allows RLUSD holders to deposit tokens into an on-chain vault on XRPL to earn fixed returns backed by private credit, tokenised Treasuries and market-neutral hedging strategies.

Crypto

Ripple teams up with Aviva Investors to pursue XRP Ledger-based tokenised fund

Ripple is working with Aviva Investors, Aviva’s global asset management arm, to explore tokenising a traditional fund structure on the XRP Ledger, The Block reported on Feb. 11. It is Ripple’s first partnership with a European investment manager. Aviva Investors plans to issue and manage a tokenised fund using XRPL. Ripple also recently added decentralised exchange Hyperliquid to its prime brokerage platform to expand DeFi integration.