XRPL Commons Welcomes New Cohort to Advance DeFi and AI Applications
- Aquarium Cohort 9 features 13 startups from 11 countries focusing on payment and financing applications.
- The program includes a nine-week online format with workshops, coaching, and an investor demonstration.
- Startups like Xrpay and Straid are developing solutions using Ripple USD (RLUSD) for e-commerce settlement and borrowing against XRP.
- Over 14 million x402 transactions were recorded on the XRP Ledger as of October, highlighting its growing utility.
- Standard Chartered has launched institutional RLUSD custody, expanding XRPL’s use in asset tokenization.
The XRPL Commons’ latest cohort aims to enhance the XRP Ledger’s capabilities by supporting startups in payments, AI, and credit applications. This initiative is part of a broader effort to integrate digital tokens like RLUSD into various financial services.
The program’s focus on education and mentorship seeks to accelerate innovation across global markets through strategic partnerships and technological advancements. (Source)
