DBS, Franklin Templeton, and Ripple Unite to Tokenize Finance
Update: 2025-09-18
Description
DBS, Franklin Templeton, and Ripple team up to revolutionize finance! Franklin Templeton will tokenize its U.S. dollar short-term money market fund on the XRP Ledger, and DBS Digital Exchange will offer this token alongside Ripple's new stablecoin, allowing seamless movement between stablecoins and yield-generating funds. Experts predict this partnership will unlock unprecedented capital efficiency and liquidity, marking a major step in traditional finance's adoption of blockchain. Plus, DBS plans to let holders use these tokens as collateral for borrowing, further boosting liquidity!
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