U.S. Department of Energy Bets on XRP Ledger for Blockchain-Based Energy Market Settlements

  • The global financial world continues to move towards one of its biggest transformations – tokenization of RWAs.
  • This has been further revealed by the U.S. Department of Energy ’s decision to utilize the XRP protocol to build digital settlements for energy trades.
  • In a statement on its platform, the agency said it is building an energy settlement infrastructure on the XRPL.