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Ripple President Breaking Silence on Breakthrough Partnership: Details

Source: CoinWorld
DBS Bank and Franklin Templeton partnered with Ripple to launch a tokenized money market fund trading and lending solution based on RLUSD stablecoins. The plan introduces tokenized collateral into the repo market, allowing investors to exchange RLUSD on the XRP ledger through DBS Bank Digital Exchange. Ripple President Monica Long emphasized the importance of liquidity and asset utility in the secondary market for tokenization. This move marks the first repurchase transaction involving tokenized money market funds and stablecoins.
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