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DBS, Franklin Templeton and Ripple have joined forces to roll out tokenized trading and lending services for institutional investors, built on the XRP Ledger and powered by tokenized money market funds and stablecoins.
The trio signed a memorandum of understanding (MOU) to help investors better manage market volatility by offering a way to shift funds between stablecoins and yield-generating assets, according to a Thursday announcement.
“Digital asset investors need solutions that can meet the unique demands of a borderless 24/7 asset class,” said…
