Guggenheim Treasury Services is deploying digital commercial paper on the XRP Ledger as part of a blockchain finance initiative.

Event date

June 10, 2025

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Ripple just scored a major win as Guggenheim Treasury Services, a big name in the commercial paper space, has brought its Digital Commercial Paper (DCP) product to the XRP Ledger (XRPL), making it the first native digital commercial paper live on this blockchain.

After a successful rollout of its first digital ledger-linked debt offering, Guggenheim Treasury Services is expanding the product in a tie-up with crypto firm Ripple. The digital commercial paper offering will now be available on XRP Ledger, a public blockchain affiliated with Ripple.

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Week 24 of 2025