ELYSIA, a pioneering real-world asset (RWA) tokenization platform, has unveiled its latest initiative: Treasury Bills (TBILL tokens) on the XRP Ledger. This groundbreaking move bridges decentralized finance (DeFi) and traditional finance (TradFi), offering users new avenues to earn yield through tokenized assets.
Key Highlights
- Stake XRP for TBILL Tokens: Users can stake XRP to receive TBILL tokens, earning passive income from U.S. Treasury Bills.
- First Tranche Launch: The initial offering begins on December 19, 2024, at 03:00 UTC, in partnership with VASP-licensed Infiniteblock.
- Expanding XRP Utility: Enhances XRP’s use cases amid its recent price surge, reinforcing the ledger’s role in RWA tokenization.
How TBILL Tokens Work
ELYSIA’s TBILL tokens represent fractional ownership of U.S. Treasury Bills, combining the stability of government-backed securities with blockchain efficiency.
- Staking Mechanism: Users lock XRP to mint TBILL tokens, which accrue yield based on the underlying T-bills.
- Yield Distribution: Returns are distributed periodically, leveraging the transparency of the XRP Ledger.
- Regulatory Compliance: Partnering with licensed entities ensures adherence to financial regulations.
👉 Discover how RWA tokenization is reshaping finance
ELYSIA’s Vision for RWA on XRP Ledger
This launch marks the first RWA project on the XRP Ledger in South Korea, with plans to expand regionally. ELYSIA also integrates RLUSD, Ripple’s NYDFS-approved stablecoin, to further anchor tokenized assets to real-world value.
“Our goal is to showcase the potential of RWA tokenization for XRP Ledger users, starting with Treasury Bills and expanding to diverse asset classes.” — ELYSIA
XRP Market Performance
As of December 2024:
– Price: $2.34 (↓3.64% 24h; ↑257.97% 30d).
– All-Time High: $3.84 (2017).
– RSI: 62.94 (bullish momentum with short-term consolidation expected).
| Metric | Value | Trend |
|---|---|---|
| 24h Change | -3.64% | ↓ |
| 30d Change | +257.97% | ↑ |
| RSI | 62.94 | Neutral/Bullish |
FAQs
Q: How do I participate in the TBILL token offering?
A: Stake XRP via ELYSIA’s platform starting December 19, 2024, at 03:00 UTC.
Q: What is the yield source for TBILL tokens?
A: Yield is generated from the underlying U.S. Treasury Bills, distributed to token holders.
Q: Is this available globally?
A: Initially launched in South Korea, with plans for broader access.
Q: How does this impact XRP’s utility?
A: Expands XRP’s use cases beyond payments, integrating it into DeFi yield generation.
👉 Learn more about earning passive income with RWAs
Conclusion
ELYSIA’s TBILL tokens represent a significant leap for RWA tokenization on the XRP Ledger, merging TradFi reliability with blockchain innovation. By staking XRP, users gain exposure to low-risk, yield-bearing assets, further solidifying XRP’s ecosystem growth.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research before investing.
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