Launch of RWA-Backed Yield Protocol on XRP Ledger

Soil has introduced a real-world asset-backed yield protocol on the XRP Ledger, utilizing Ripple's stablecoin RLUSD. According to NS3.AI, this protocol allows RLUSD holders to earn fixed income by depositing into on-chain vaults. An initial pool of $1 million was filled within 72 hours. Developer ORQO is regulated with licenses in Poland and Malta.