DBS, Franklin Templeton and Ripple signed a memorandum of understanding (Soft) To collaborate on the offer of trading and loan solutions which take advantage of the monetary market funds in Tokenized on the Blockchain XRP Ledger and the Stablecoin of Ripple, Ripple USD (Rlusd).
The memorandum of understanding will see Franklin Templeton Tokenize its monetary market fund, Franklin in US Dollar chain in the short -term market, on XRP Ledger, a public blockchain and business quality.
At the same time, DBS Digital Exchange (Ddex) Will enumerate Sgbenji, the fund token of the monetary market, alongside Rlusd, allowing DBS customers to rebalance their portfolios between a stablecoin and a monetary market fund generating return. This will help investors gain yield even during volatile periods.
Nigel Khakoo, vice-president and global official of tradings and markets in Ripple, described the collaboration to change the situation.
“2025 was marked by a series of first in industry with regard to traditional financial institutions in motion – and the connection between Ripple, DBS and Franklin Templeton to allow restocking transactions for a regulated, stable and exchange liquid market fund, such as Rlusd, is really a change of game,” said Khakoo in an announcement by E -mail.
“Investors can also transparently rebalance their portfolios between Stablecoin and a monetary market fund generating yields, all in a unique trust ecosystem, unlocking the effectiveness of real capital, the utility and liquidity that the institutions require,” added Khakoo.
Lim Wee Kian, CEO of DBS Digital Exchange, said that collaboration is proof of the way tokenized titles can play this role while injecting greater efficiency and liquidity in the global financial markets.
In addition, DBS plans to allow holders of Sgbenji tokens to promise their tokens as a warranty to borrow funds from the bank of third -party platforms.
This decision will open up new liquidity options for investors with Sgbenji tokens, allowing them to take advantage of their digital assets to obtain credit while retaining exposure to the money market generating underlying returns.
