Ripple, DBS Bank & Franklin Templeton’s $736M Crypto Shakeup!
Did you know that traditional finance is getting a digital makeover? Ripple, DBS Bank, and Franklin Templeton are joining forces to revolutionize how institutions handle money. They're introducing trading and lending tools built around tokenized assets and stablecoins, potentially reshaping the financial landscape as we know it. Through DBS Digital Exchange (DDEx), institutional clients can now trade Ripple's stablecoin, RLUSD, and a tokenized version of Franklin Templeton's money market fund, sgBENJI. This offers a safe haven from the volatile crypto market while maintaining constant access to your funds. Furthermore, Franklin Templeton plans to expand sgBENJI to the XRP Ledger, potentially unlocking even more utility. DBS Bank is also stepping up its game by allowing clients to use sgBENJI as collateral, further boosting liquidity. This partnership is a monumental step towards integrating blockchain technology into mainstream finance. Your wallet might thank you later! Subscribe to our channel to stay ahead of the curve in the ever-evolving world of finance.
Tags/Hashtags: #ripple #stablecoin #rlusd #sgbenji #ddex #blockchain #ripple #rlusd #sgbenji
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