The XRP Ledger has introduced a significant new product: Digital Commercial Paper (DCP). This advanced fixed-income asset is entirely secured by U.S. Treasuries and boasts a prestigious Prime-1 rating from Moody’s.
Ripple has emphasized the crucial role of the XRP Ledger as Guggenheim Treasury Services, a subsidiary of Guggenheim Partners, modernizes the process of commercial paper issuance. This announcement was made on June 10, highlighting the collaborative efforts to enhance financial transactions.
