XRP Ledger Just Launched a U.S. Treasury-Backed Fixed Income Asset—Because Even Crypto Wants a Safe Bet

The XRP Ledger just got a dose of Wall Street respectability—or maybe it''s the other way around. A new fixed-income asset, fully collateralized by U.S. Treasuries, is now live on the decentralized network. Who said crypto couldn’t play nice with traditional finance?

Yield hunters, meet your new (old) option. This isn’t some algorithmic stablecoin pretending to be risk-free. Every token is backed 1:1 by Uncle Sam’s debt—the same stuff pension funds and central banks hoard like gold.

Why does this matter? Because after years of ‘degen’ memecoins and algorithmic blowups, the XRP Ledger just handed institutions a reason to pay attention. Compliance? Check. Transparency? Check. Actual assets instead of vibes? Checkmate.

Of course, the irony is delicious. A blockchain designed to disrupt finance is now helping it—by offering the same T-bills your grandpa buys. Maybe decentralization’s killer app is… reinventing the wheel with extra steps?