ORQO Group's fintech platform Soil has launched on Ripple's XRP (XRP) Ledger as what it calls the first compliant yield protocol on the network, allowing holders of the RLUSD stablecoin to earn returns backed by tokenized real-world assets — with its initial $1 million asset pools filled in under 72 hours.
What Happened: Soil Expands to XRPL
Soil, which has operated for three years across Ethereum (ETH) Virtual Machine networks including Polygon (POL), BNB Chain (BNB), and Arbitrum (ARB), said the XRPL deployment is now finalized.
Additional asset pools are expected in the coming weeks.
The protocol lets users allocate RLUSD into on-chain Yield Vaults that generate fixed returns through low-volatility instruments such as private credit, tokenized treasuries, and market-neutral hedge funds. ORQO Group said it chose XRPL for its near-instant transaction finality and negligible fees.
Also Read: Binance ETH Leverage Falls To Six-Month Low — A New Rally On The Horizon?
Why It Matters: Stablecoin Yield Growth
Industry forecasts project the stablecoin market could reach $2 trillion by 2028, driven by mainstream adoption and regulatory clarity. The launch reflects growing demand for yield-generating infrastructure tied to stablecoins.
"The stablecoin market's transition toward a multi-trillion-dollar ecosystem requires the right infrastructure to deliver institutional-grade yield at scale," said Nick Motz, CEO of ORQO Group and CIO of Soil. He added that the XRPL expansion leverages the firm's track record to integrate asset-backed yield directly into the platform.
Read Next: Goldman CEO Says He Owns 'Very Little' BTC: "Still Trying To Figure Out How Bitcoin Behaves"