cryptonews.net
ORQO Group, an institutional asset manager and blockchain technology platform, announced that its fintech arm Soil has launched on the $XRP Ledger. Soil provides stablecoin holders access to tokenized real-world assets and predictable returns. With the expansion, the protocol now supports $RLUSD on XRPL.
According to the company, users filled $1 million asset pools within 72 hours of launch. Additional pools are expected in the coming weeks. Soil positions itself as the first compliant RWA-backed yield protocol on XRPL, offering $RLUSD holders institutional-grade returns backed by traditional financial instruments.
Soil previously operated across Ethereum Virtual Machine networks including Ethereum, Polygon, BNB Chain and Arbitrum. The move to XRPL expands the use case of $RLUSD beyond payments, allowing holders to allocate funds into on-chain Yield Vaults.
Returns are generated through private credit, tokenized U.S. Treasuries and market-neutral hedge strategies. XRPL was selected for its compliance-focused infrastructure, fast settlement and low transaction costs, which support high-volume financial operations.
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