Soil launches the RLUSD yield protocol on the XRP Ledger to expand the use of Ripple stablecoins

According to TheBlock, Soil has launched the first RWA-compliant yield protocol on the XRP Ledger, with its initial $1 million liquidity pool fully raised within 72 hours.

This launch adds yield functionality to Ripple's USD-pegged stablecoin RLUSD. Meanwhile, according to data from RWA.xyz, the tokenized real-world asset value on the XRP Ledger has surpassed that of Solana.