Guggenheim issues digital corporate paper (DCP) to XRP ledger

Moody's highest rated US Treasury backed digital commercial paper (DCP) product has been officially issued on the XRP Ledger (XRPL).
Guggenheim Capital, the largest independent commercial paper platform operator
Guggenheim Treasury Services, a subsidiary of Guggenheim Treasury Services LLC
The tokens will be operated by Ethereum (ETH) and tokenized, issued, and managed through the Zeconomy platform. XRPL is a cryptocurrency designed to tokenize real assets.
As a public blockchain, DCP offers greater efficiency than traditional systems, including faster settlements, lower fees, and 24/7 operation, making it the ideal platform for global government bonds and liquidity.
This expansion of XRPL builds on the success of DCP, which launched in September 2024 and has already achieved cumulative issuance of over $280 million.
The proven DCP is fully collateralized with matching maturity U.S. Treasury securities and is offered daily with customized maturities up to 397 days. The assets are rated by Moody's as the highest short-term bond.
DCP has acquired Prime-1, a special purpose vehicle (SPV) established by Guggenheim, through Great Bridge Capital Company.
The offering will be made through Bridge Capital Company, with investor protection led by Guggenheim Telemarketing Services. It will also provide support for the tokenization and management of assets.
Management is conducted through the Economy Platform, which provides digital asset infrastructure, integrated services and comprehensive governance.
XRPL-based DCP provides global institutional clients with next-generation treasury management solutions that easily integrate into existing cross-border payment flows.
The existing payment system is operationally burdensome and takes several days, which is a fatal problem in international trade. However, by combining DCP with a real-time payment system, companies can
It can reduce costs, speed up payments and ensure transparency across global supply chains.
Marcus Infanger, SVP of Advanced at RippleX
"Currently, the global financial market is at a tipping point where tokenization will move beyond the experimental stage and into commercialization," said Infanger.
"Now, institutions are focused not on whether blockchain technology can support regulated financial products, but on how it can be deployed at scale."
"The launch of DCP is a prime example of this trend and represents an expansion of XRPL-based institutional financial assets," he added. "XRPL is a
It has established itself as a core infrastructure that helps meet the needs of the global financial market, and ensures efficiency, scalability, and compliance in regulated asset management.
According to a report jointly released by the Boston Consulting Group (BCG) and Ripple, the real asset tokenization (RWA) market size is expected to reach $600 million by 2025.
The global market is expected to grow from 2018 to $18.9 trillion by 2033. Bonds are expected to lead this change, and institutions will leverage public blockchains like XRPL to
DCP is working to develop a proof of concept for this vision, which will improve operational efficiency and expand market access.
We will move beyond the concept stage and into actual implementation, demonstrating how regulation-based financial products can be efficiently issued and traded on-chain.
In particular, DCPs offer an ideal solution for digital traders who want to use income-generating on-chain assets as collateral.
"The ZICOnomy platform is a combination of institutional-grade modules and powerful toolkits," said Giacinto Cosenza, CEO of ZICOnomy.
"The DCP was issued on the XRP Ledger (XRPL) as a tokenized financial
The future of blockchain is that the combination of institutional trust and Ripple’s enterprise-centric strategy will enable regulated real-asset-based financial products like DCP to be launched on the public blockchain.
Meanwhile, Ripple is also working on a digital asset project based on U.S. government bonds called Ondo.
The company has invested in OUSG, Archax and Aberdeen money market funds, and this DCP issuance is part of the company's strategy to expand XRPL into institutional real assets.
XRPL is a blockchain that has been verified for sustainability and stability, and has processed over 3.3 billion transactions without incident since 2012, with over 5 million accounts currently in operation.
It operates an active wallet and a network of over 200 validators. DCP is currently only available to Qualified Institutional Buyers (QIBs) and Qualified Proof Holders (QPs).