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Guggenheim Goes Crypto: Treasury Arm to Launch Digital Commercial Paper on XRP Ledger
Guggenheim Goes Crypto: Treasury Arm to Launch Digital Commercial Paper on XRP Ledger
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Wall Street meets blockchain—again. Guggenheim Treasury Services is bypassing traditional settlement rails to issue digital commercial paper on the XRP Ledger, a move that could shave days (and banker fees) off short-term debt markets.
Why it matters: The institutional embrace of crypto infrastructure accelerates—even as old-guard finance types still pretend NFTs were just a bad dream.
The fine print: No terms disclosed yet, but expect the usual corporate dance of ''testing the waters'' before full deployment. Because nothing says innovation like incrementalism.
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