ORQO launches Soil yield protocol on XRP Ledger, adds RLUSD yield utility
ORQO Group has deployed its tokenized yield platform Soil on the XRP Ledger (XRPL), marking the protocol’s first expansion beyond EVM chains and the first regulated, native XRPL yield product for the RLUSD stablecoin. Soil enables RLUSD holders to access asset-backed, fixed returns sourced from low-volatility strategies such as private credit, tokenized US Treasuries, and market-neutral hedge funds. ORQO said initial asset pools totaling $1 million were fully subscribed within 72 hours, and additional pools are planned in the coming weeks. The move builds on Soil’s three-year track record across Ethereum, Polygon, BNB Chain, and Arbitrum, and increases RLUSD’s utility by positioning it as a yield-bearing instrument within XRPL’s low-cost, fast finality environment. ORQO’s CEO Nick Motz framed the launch as infrastructure needed for a growing stablecoin market that industry forecasts could approach $2 trillion by 2028. Key points: Soil launched on XRPL; targets RLUSD holders; $1M inaugural pools fully subscribed in 72 hours; yields sourced from private credit, tokenized Treasuries, and market-neutral hedge funds; first regulated native XRPL yield product; expands RLUSD utility and builds on multi-chain track record.
Bullish
The launch is bullish because it increases utility and on-chain demand for RLUSD by turning the stablecoin into a yield-bearing instrument, while introducing regulated, asset-backed returns on XRPL. The $1M inaugural pools sold out quickly (72 hours), signaling strong institutional or investor appetite. Expanding Soil beyond EVM chains into XRPL broadens addressable liquidity and could attract capital seeking lower fees and fast finality. Historically, launches that add native yield to a stablecoin or expand its utility (for example, tokenized Treasury or RWA yield products on other chains) have supported increased stablecoin demand and higher staking/deposit flows, which can be price-supportive for associated tokens and increase on-chain activity. Short-term effects: inflows into RLUSD pools and increased XRPL transaction volume as traders allocate funds to capture yields. Possible volatility may occur around pool openings and redemptions. Long-term effects: greater adoption of RLUSD within XRPL dApps and institutional corridors, more stable yield-bearing product offerings, and a potential structural increase in demand for RLUSD if additional regulated pools and larger assets under management follow. Risks: concentrated initial demand and macro risk in credit/Treasury markets; regulatory shifts could change appetite for regulated yield products. Overall, the news favors positive liquidity and usage dynamics for RLUSD and XRPL.