DBS, Franklin Templeton, and Ripple plug cash and yield into XRPL

DBS signed an agreement with Franklin Templeton and Ripple. DBS will list Franklin Templeton's tokenized U.S. money-market fund (sgBENJI) next to Ripple's dollar stablecoin (RLUSD) on the DBS Digital Exchange.

Franklin Templeton will issue the fund token on the XRP Ledger. Accredited and institutional clients will be able to move between the stablecoin and the fund token inside a bank venue. DBS is also exploring letting clients post the fund token as collateral for credit and repo.

Why this matters: It wires real dollars and a yield fund into bank workflows on XRPL. You can treat "cash" as tokens that settle 24/7 while staying inside compliance and custody rules.