Guggenheim Treasury Services Launches DCP on XRP Ledger, Backed by U.S. Treasuries

  • TL;DR Guggenheim has started issuing its Digital Commercial Paper (DCP) on the XRP Ledger, backed by Zeconomy and with initial liquidity provided by Ripple. Until now, DCP had only been available on Ethereum, with $20.5 million issued. Its move to XRPL aims to cut costs and enable uninterrupted trading.