ORQO launches yield protocol on XRP Ledger, unlocking RLUSD utility
ORQO Group deployed its Soil yield protocol on the XRP Ledger, offering fixed yield on RLUSD stablecoin holdings.Summary
ORQO Group has launched its tokenized yield platform, Soil, on the XRP Ledger (XRPL), marking its expansion outside of EVM networks. This deployment introduces the first regulated, asset-backed fixed yield product natively built on XRPL for the RLUSD stablecoin, enhancing its utility beyond payments and settlement.
The initial asset pools, totaling $1 million, were fully subscribed within 72 hours, with more pools anticipated soon. The yield is generated through low-volatility strategies such as private credit, tokenized US Treasuries, and market-neutral hedge funds, building on Soil's three-year track record on other chains.
Nick Motz, CEO of ORQO Group, stated that the stablecoin market needs infrastructure capable of delivering institutional-grade yield at scale as it grows toward projected multi-trillion-dollar valuations.
(Source：Crypto Briefing)