Share this article
XRP Ledger Tapped for Tokenizing $130M Agribusiness Credit as Brazil's RWA Push Accelerates
The CRA, a key instrument used to bundle future cash flows from Brazil’s agricultural sector was recorded on-chain using the XRPL and its Ethereum-compatible EVM sidechain.
Updated Jul 24, 2025, 5:26 a.m. Published Jul 24, 2025, 5:03 a.m.
What to know:
- Brazilian securitization firm VERT has launched a blockchain-based private credit platform on the XRP Ledger with a brazilian real 700 million issuance of an Agribusiness Receivables Certificate.
- The platform aims to modernize Brazil's $200 billion private credit market by providing real-time updates and traceability for investors and regulators.
- The system integrates on-chain recording with off-chain redundancy, enhancing transparency and operational efficiency in Brazil's financial infrastructure.
Brazilian securitization firm VERT has launched a blockchain-based private credit platform on the XRP Ledger, debuting with a brazilian real 700 million (approximately $130 million) issuance of an Agribusiness Receivables Certificate (CRA), per a release.
The CRA, a key instrument used to bundle future cash flows from Brazil’s agricultural sector was recorded on-chain using the XRPL and its Ethereum-compatible EVM sidechain, allowing real-time tracking of cash flows, loan events, and payments.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
VERT’s new platform aims to modernize Brazil’s $200 billion private credit market by offering end-to-end lifecycle traceability, compliant metadata storage, and real-time updates for investors and regulators.
The firm states that the system integrates both on-chain recording and off-chain redundancy, thereby bridging Brazil’s regulated financial infrastructure with blockchain rails.
“We are enabling operation events to be recorded in the most granular way possible, ensuring traceability and transparency… approaching real time,” said Gabriel Braga, Director of Digital Assets at VERT.
The XRPL’s low-cost, high-efficiency consensus design, alongside its EVM compatibility, allowed for smart contract automation and auditability. Foreign investors, Braga noted, have increasingly demanded this level of operational transparency.
The announcement marks another step in Ripple’s enterprise RWA strategy, which has centered on using the XRP Ledger to support tokenized real-world assets across global credit markets.
“Agribusiness plays an essential role in Brazil’s economy, and improving how credit is structured and tracked in this sector is a meaningful advancement,” said Silvio Pegado, Ripple’s LATAM Managing Director, in the release.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In
Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.
What to know:
- Stablecoin usage is quickly broadening from crypto-native exchanges into payments, payroll and treasury as companies chase 24/7, digital-native settlement, according to Alchemy Co-founder and President Joe Lau.
- Banks are pushing tokenized deposits as a regulated, bank-native alternative that delivers stablecoin-like benefits for institutional clients.
- The endgame is a two-track system — stablecoins for open, two-party settlement; deposit tokens for bank ecosystems, until scale forces convergence and competition, Lau said.
Top Stories
