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XRP Ledger Enables Tokenization of $130M Brazilian Agribusiness Credit

Published by
Zafar Naik

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.

Zafar Naik

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

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