ORQO Group launches Ripple RLUSD revenue service through soil platform

ORQO Group has launched an RLUSD stablecoin credit pool on XRP ledger through its Soil platform, integrating $370 million in managed assets from traditional institutions and cryptocurrency institutions. These on-chain private lending services are designed to generate revenue and attract institutional funds, and are expected to improve liquidity in RLUSD amid a clearer regulatory situation in Abu Dhabi, Poland and Malta.