Ripple News Today: XRP Ledger (XRPL) to Power Guggenheim’s Digital Debt as Ripple Gears Up for Q2 Sidechain Launch

These developments not only strengthen Ripple’s growing influence in the tokenized asset space but also signal a strategic push toward broader institutional adoption and increased utility for XRP.

Ripple has secured a high-profile partnership with Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, to bring tokenized short-term U.S. Treasury debt onto the XRP Ledger (XRPL). Known as Digital Commercial Paper (DCP), the product enables institutional investors to access fixed-income assets with customizable maturity dates up to 397 days.

Guggenheim has partnered with Ripple to launch its digital debt product on the XRP Ledger, marking a significant move toward blockchain-based finance. Source: John Squire via X

Originally launched on Ethereum in late 2024, the DCP product has already issued over $280 million in tokenized debt. Now, with Ripple’s support and a $10 million investment, the offering is expanding to XRPL, Ripple’s public, decentralized blockchain known for low fees and near-instant transactions.

Markus Infanger, Senior Vice President of RippleX, confirmed Ripple’s long-term vision: “We see tokenized real-world assets like DCP becoming essential in blockchain-powered finance. Our investment not only supports this innovation but positions Ripple for broader integration of such assets in our payments ecosystem.”

This move signals Ripple’s growing ambition to fuse traditional finance with blockchain utility, a strategy that aligns with recent trends in Wall Street’s embrace of real-world asset (RWA) tokenization.

Ripple may soon enable purchases of Guggenheim’s DCP using RLUSD, its U.S. dollar-pegged stablecoin. Launched in December 2024, RLUSD has already surpassed a $350 million circulating supply and operates natively on both Ethereum and the XRP Ledger.

At APEX 2025, Ripple announced the launch of Digital Commercial Paper (DCP) on the XRP Ledger, a $280M+ fixed-income product administered by Guggenheim Treasury Services and backed by U.S. Treasuries. Source: RippleX via X

If implemented, this could enhance the speed and efficiency of digital asset settlements, particularly in institutional debt markets. It would also strengthen RLUSD’s role in Ripple’s broader payments infrastructure, potentially improving XRP liquidity and boosting the Ripple market presence.

The DCP is built by fintech firm Zeconomy and uses tokenized representations of actual U.S. Treasury bonds. Each token matures in sync with its real-world counterpart, ensuring compliance and stability.

In another bold development, Ripple is preparing to roll out an Ethereum Virtual Machine (EVM)-compatible sidechain for the XRP Ledger. As announced during the APEX 2025 conference in Singapore, the mainnet launch is scheduled for Q2 2025.

Ripple CTO has confirmed the upcoming launch of an EVM-compatible sidechain on the XRP Ledger, bringing Ethereum-based applications into the XRP ecosystem. Source: Coin Bureau via X

The sidechain, developed by Peersyst Technologies, allows developers to deploy Ethereum-based smart contracts and decentralized applications (dApps) directly onto the Ripple ledger. This upgrade could significantly increase demand for XRP and unlock new use cases across DeFi, tokenized assets, and Web3 applications.

David Schwartz, Ripple’s CTO, emphasized the strategic importance: “EVM compatibility will open XRP Ledger to a wide pool of developers already building on Ethereum. It’s a step forward in making XRP Ledger a more versatile platform.”

Peersyst revealed that 87 new entities—previously unaffiliated with XRP—have already begun contributing to the EVM ecosystem via the testnet. This represents what could be the largest wave of onboarding in XRPL’s history.

These new developments come amid ongoing attention around the XRP lawsuit and XRP SEC dispute, which continues to cast a shadow over Ripple’s operations in the United States. Still, optimism remains high within the XRP community, especially following a federal court ruling that XRP does not constitute a security when sold on public exchanges.

Ripple’s XRP was trading at around $2.29 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Brad Garlinghouse, Ripple CEO, recently reaffirmed confidence in both Ripple’s legal standing and growth strategy: “We’re building in a way that regulatory clarity—when it fully arrives—will accelerate everything we’ve already started.”

Despite the XRP lawsuit news and lingering questions about the SEC Ripple standoff, Ripple’s global expansion and product launches may help buffer investor sentiment and improve XRP price prediction outlooks.

Ripple’s latest moves—powering Guggenheim’s tokenized debt product and preparing to launch an Ethereum-compatible sidechain—signal a strategic push into mainstream finance. By aligning with Wall Street’s interest in RWAs and improving XRPL’s smart contract capabilities, Ripple is reinforcing its long-term vision as a leader in blockchain utility.

As institutions continue to seek blockchain solutions for real-world applications, Ripple appears well-positioned to ride the next wave of digital finance—regulatory clarity or not.