Ripple just scored a major win as Guggenheim Treasury Services, a big name in the commercial paper space, has brought its Digital Commercial Paper (DCP) product to the XRP Ledger (XRPL), making it the first native digital commercial paper live on this blockchain.
DCP is a short-term debt product backed by the U.S. Treasuries and rated prime 1 by Moody's. It is a go-to asset for institutional investors looking for safe, yield-bearing products and now it is available on XRPL, fully tokenized and ready for real-time finance. The move is powered by Zeconomy, a platform built to bring traditional financial products into the digital age.
DCP has already processed more than $280 million in volume since it launched in late 2024. New XRPL expansion is handled through Zeconomy, which provides the kind of infrastructure and compliance that institutions need to operate at scale.
Apex 2025: Digital Commercial Paper DCP is now live on the XRP Ledger. Administered by Guggenheim Treasury Services, one of the largest independent commercial paper platform managers in the world and powered by Zeconomy: https://t.co/Ic4YdUnNry
— RippleX (@RippleXDev) June 10, 2025
With $280M+ in issuance, DCP is…
This makes DCP a lot more flexible for institutions that manage cash or settle trades. It can now be used for cross-border payments, as collateral or to support liquidity needs — all without having to wait days for traditional settlements to clear.
Ripple is also supporting the rollout as part of a larger effort to bring more real-world assets onto the blockchain. It already has support for tokenized treasuries through projects like Ondo and Archax, and DCP may come as a perfect fit for that strategy.