DBS, Franklin Templeton and Ripple have signed a memorandum of understanding (Mou) To collaborate in offering trade and loan solutions that take advantage of the tokenized money markets in the XRP Ledger Blockchain and Stablecoin de Ripple, Ripple USD (Rlusd).
The Mou will see Franklin Templeton tokenize its money market fund, Franklin in the American dollar channel in the short term Market Fund, in XRP Ledger, a public block chain and business degree.
At the same time, DBS Digital Exchange (DDEX) It will list SGBenji, the Token of the Fund of the Monetary Market, together with RLUSD, allowing DBS customers to rebalance their portfolios between a stable and a monetary market fund of performance generating performance. This will help investors gain performance even during volatile periods.
Nigel Khakoo, Vice President and Global Trade Chief of Commerce and Markets in Ripple, described the collaboration of a game change.
“2025 has been marked by a series of the first industry when it comes to traditional financial institutions that move in the chain, and the link between Ripple, DBS and Franklin Templeton to enable the exchanges of repositories for a monetary fund token COINDESK.
“Investors can also perfectly rebalance their portfolios between a stablcoin and a monetary market fund of performance, all within a unique and reliable ecosystem, which unlock the efficiency, utility and liquidity of the institutions that institutions demand,” added Khakoo.
Lim Wee Kian, CEO of DBS Digital Exchange, said that collaboration is evidence of how tokenized values ​​can play that role while injecting greater efficiency and liquidity in global financial markets.
In addition, DBS is considering allowing tokens holders SGBenji promise their tokens as a guarantee to borrow funds from the third -party platform bank.
The measure will open new liquidity options for investors who have SGBenji tokens, which will allow them to take advantage of their digital assets to obtain credit and at the same time retain exposure to the monetary market fund underlying monetary performance.
