DBS, SBI, Templeton Boost RLUSD on XRP Ledger
A RLUSD stablecoin partnership between DBS Digital Exchange, Franklin Templeton, and Ripple has actually created the first-ever tokenised money market fund repo trading system on XRP Ledger, right now delivering institutional crypto yield solutions for accredited investors who are seeking stable returns. Official Ripple press release announcement showing DBS and Franklin Templeton partnership launch – Source: Ripple RLUSD Stablecoin Partnership Powers Institutional Crypto Yield With XRP Ledger & DBS The DBS Digital Exchange is now listing Franklin Templeton’s sgBENJI token alongside RLUSD, and this enables 24/7 trading between stablecoins along with yield-bearing tokenised money market funds. This RLUSD stablecoin partnership actually addresses what institutional investors need for portfolio flexibility during those volatile periods. The market capitalization of Ripple's $RLUSD has risen to $729M, coming close to a $1 billion milestone. Investors can use RLUSD to trade Fra...