Today, Digital Commercial Paper (DCP), a fixed-income asset secured by U.S. Treasuries and rated Prime-1 by Moody's, launched on the XRP Ledger (XRPL). This move aims to modernize the issuance and integration of commercial paper into global treasury systems.
The DCP is administered by Guggenheim Treasury Services and tokenized through the Zeconomy platform. The asset is fully backed by U.S. Treasury securities and is offered daily with custom maturities up to 397 days.
This expansion follows DCP's initial launch in September 2024, which processed over $280 million in issuance. DCP is available exclusively to Qualified Institutional Buyers (QIBs) and Qualified Purchasers (QPs). Ripple will invest in DCP as part of its broader effort to bring institutional real-world assets to the XRPL.