The post XRP Ledger Enables Tokenization of $130M Brazilian Agribusiness Credit appeared first on Coinpedia Fintech News
The XRP Ledger (XRPL) has been used to tokenize $130 million in Credit Rights Agreements (CRA), crucial financial instruments in Brazil’s agricultural sector. This tokenization was recorded on-chain using XRPL and its Ethereum-compatible EVM sidechain, showcasing Brazil’s expanding adoption of real-world asset (RWA) tokenization. The initiative highlights XRPL’s growing role in delivering transparent, blockchain-based financing solutions that enhance traceability and operational efficiency in agribusiness credit markets.