Soil has introduced the first RWA-compliant yield protocol on the XRP Ledger, enhancing the utility of Ripple's USD-pegged stablecoin, RLUSD. The initial funding pool of $1 million was fully subscribed within 72 hours, highlighting strong investor interest. This development marks a significant step in expanding the use of RLUSD in decentralized finance.
Additionally, the tokenized real-world asset value on the XRP Ledger has now exceeded that of Solana, according to RWA.xyz. This milestone underscores the growing adoption and integration of real-world assets within the XRP ecosystem.
Soil Launches RLUSD Yield Protocol on XRP Ledger
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