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Brazil’s VERT Launches $130M Tokenized Credit Platform on XRP Ledger—DeFi Just Got Real

Brazil’s VERT Launches $130M Tokenized Credit Platform on XRP Ledger—DeFi Just Got Real

Author:
CoindeskEN
Published:
2025-07-23 13:00:41
10
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Brazil's VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance

Move over, traditional banks—Brazil's VERT just dropped a $130 million mic on the XRP Ledger.

The game-changer? A fully tokenized credit platform that cuts out middlemen like a hot knife through bureaucratic butter. No more waiting for SWIFT transfers or begging for loan approvals.

Why XRP Ledger? Speed, cost, and that sweet regulatory clarity banks still pretend not to understand. Transactions settle in seconds for fractions of a cent—try doing that with your local credit union.

Funny how $130M in real-world assets suddenly looks sexier when it's wrapped in blockchain. Wall Street won't admit it, but they're already reverse-engineering the whitepaper.

One question remains: When will legacy finance stop calling this 'experimental' and start begging for interoperability?

|Square

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