ORQO Group Launches Soil Yield Protocol on XRP Ledger
- ORQO Group has deployed its tokenized yield platform, Soil, on the XRP Ledger, marking its first expansion beyond EVM networks.
- The protocol is the first regulated yield product built natively on XRPL for the stablecoin RLUSD.
- The initial asset pools, totaling $1 million, were fully subscribed within 72 hours.
- Returns are generated from low volatility strategies such as private credit and tokenized US Treasuries.
- The deployment expands RLUSD’s utility as a yield-bearing instrument within XRPL’s ecosystem.
- Industry forecasts project the stablecoin market could reach $2 trillion by 2028 amid regulatory clarity and broader adoption.
ORQO Group’s launch of the Soil platform on the XRP Ledger enhances RLUSD’s utility and marks a significant step in expanding compliant asset-backed returns beyond EVM networks. The initial $1 million asset pools were quickly subscribed, indicating strong demand for regulated yield products.
Source (3.2)https://cryptobriefing.com/soil-launches-rlusd-yield-protocol/?rand=59535