Ripple, DBS Bank, Franklin Templeton Tap XRP Ledger to Launch Tokenized Repo Markets
Ripple has announced entering into a partnership with DBS Bank and Franklin Templeton to develop repo markets powered by tokenized collateral and stablecoins, marking a significant step in the institutional adoption of blockchain-based financial solutions.
The three firms have signed a memorandum of understanding (MoU) to introduce trading and lending products that leverage tokenized money market funds on the XRP Ledger and Ripple’s stablecoin, Ripple USD (RLUSD).
Read More
Ripple, DBS Bank, Franklin Templeton Tap XRP Ledger to Launch Tokenized Repo Markets
Ripple has announced entering into a partnership with DBS Bank and Franklin Templeton to develop repo markets powered by tokenized collateral and stablecoins, marking a significant step in the institutional adoption of blockchain-based financial solutions.
The three firms have signed a memorandum of understanding (MoU) to introduce trading and lending products that leverage tokenized money market funds on the XRP Ledger and Ripple’s stablecoin, Ripple USD (RLUSD).
Read More