SAO PAULO, July 24, 2025 – Brazilian financial services firm Verte has launched a new blockchain platform designed to streamline structured credit transactions, particularly within the agricultural sector.
Verte’s new platform utilizes the XRP Ledger and an EVM-compatible Sidechain to boost efficiency and transparency in financial processes.
Here’s what you need to know:
- Verte has debuted a blockchain platform for structured credit, using the XRP Ledger and an EVM-compatible Sidechain.
- The platform’s initial pilot project involved tokenizing agricultural loans, with a BRL 700 million ($130 million) Agribusiness Receivables Certificate (CRA) issuance.
- The agricultural sector is crucial to Brazil’s economy, contributing over a fifth of its output.
- Ripple acted as a technical partner in this development.
- Separately, Ripple’s stablecoin, RLUSD, received an “A” rating from Bluechip, positioning it favorably against other market leaders.
Verte taps XRP Ledger for agricultural finance innovation
The platform aims to modernize financial markets, with a specific focus on improving efficiency and transparency in agricultural finance. Silvio Pegado, Managing Director Latam, expressed confidence, stating that this move demonstrates blockchain’s potential as reliable infrastructure for national growth.
The platform’s first application involved issuing an Agribusiness Receivables Certificate (CRA) valued at 700 million Brazilian Reals, approximately $130 million. This certificate bundles future payment streams from agricultural companies, a vital component in Brazil’s financial structure given agriculture’s significant economic contribution.
JUST IN: 🇧🇷 VERT, one of Brazil’s leading securitization and fund management companies, launches blockchain platform for structured credit with BRL 700M ($130M) issuance on $XRP Ledger and EVM Sidechain. pic.twitter.com/7FVCBGdmFu
Verte ensures real-time traceability by recording all transactions and events on the blockchain. The integration of the EVM Sidechain further enhances functionality, enabling automated contract processing and detailed reporting. This digital infrastructure not only meets regulatory demands but also aims to attract international investors.
The platform is designed to link on-chain processes with Brazil’s existing regulatory systems, with Verte’s internal structures and licenses providing additional safeguards. Ripple’s role as a technical partner underscores the XRP Ledger’s utility for real-world assets.
This development is significant for the Brazilian capital market, with Verte planning further structured loan transactions exceeding $500 million. In a sector often lacking transparency, tokenizing loan processes represents a leap forward for both institutional investors and the broader digitization of capital market activities.
The XRP Ledger (XRPL) is recognized for its fast, low-cost, and energy-efficient transactions. It supports the creation, management, and trading of digital assets, including tokenized real-world assets. Its built-in compliance features make it particularly suitable for institutional financial and capital market applications.
Stablecoin RLUSD earns top rating
In other news, Ripple Labs’ stablecoin, RLUSD, has achieved a notable success. The rating agency Bluechip awarded RLUSD an “A” grade, a high score that reportedly surpasses other major stablecoins like USDC and USD.
The rating considered factors such as stability, transparency, risk structure, and supervision. RLUSD scored 0.91 for stability, backed by a reserve portfolio including U.S. state bonds, money market funds, and bank deposits managed by Bank of New York Mellon. Regulation by the New York Department of Financial Services (NYDFS) adds a layer of security, with customer funds managed separately in trust accounts by Standard Custody & Trust Company.
ICYMI in the midst of all the regulatory goodness last Friday…@bluechip_org ranked $RLUSD as the *#1* most trusted stablecoin in the market. https://t.co/IOwAo87MJo
These developments highlight Ripple’s strength not only in technical innovation with the XRP Ledger but also in its regulatory and fundamental positioning within the stablecoin market.
