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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

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-06-10 10:47:16
0

Guggenheim Treasury Services to Issue Digital Commercial Paper on the XRP Ledger

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.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

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