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Brazil Goes Big on RWA: XRP Ledger Tokenizes $130M Agribusiness Debt in Landmark Deal
Brazil Goes Big on RWA: XRP Ledger Tokenizes $130M Agribusiness Debt in Landmark Deal
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Move over, Wall Street—Brazil’s agribusiness sector just cut out the middleman. The XRP Ledger will tokenize $130 million in farm credit, accelerating the country’s real-world asset (RWA) push.
Why it matters: Tokenization slashes settlement times from days to seconds. For Brazil’s farmers, that means liquidity without the usual bank bottlenecks (or the 27-page loan agreements).
The cynical take: Traditional finance won’t disappear—it’ll just charge a 2% ‘advisory fee’ to pretend it invented blockchain.
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