Cena Ripple USDRLUSD

🚀 Ripple milestone: RLUSD just hit a record $729M market cap as Ripple teams up with DBS Bank & Franklin Templeton. Tokenized MMFs + stablecoin repo trades are coming to the XRP Ledger.

🚨 BREAKING: #Ripple joins forces with DBS Bank and Franklin Templeton to roll out tokenized repo markets powered by stablecoins and collateral. Now, $RLUSD can be exchanged for sgBENJI on the $XRP Ledger boosting institutional on-chain liquidity.

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 DBS, Franklin Templeton and Ripple partner to launch trading and lending solutions powered by tokenized money market funds and $RLUSD stablecoin. 🔹 South Korea's BDACS launches the first KRW-backed stablecoin KRW1 on Avalanche. 🔸 The SEC approves the listing and trading of Grayscale Digital Large Cap Fund covering $BTC, $ETH, $XRP, $SOL and $ADA as well as p.m.-settled options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index. 🔹 The SEC has approved generic ETF standards, a move that could pave the way for digital asset ETFs. 🔸 The Federal Reserve signaled that it expects to deliver two more interest rate cuts later this year. 🔹 Fed reduces interest rates by 25bps. 🔸 $2 billion stablecoin inflow was recorded ahead of the Fed’s upcoming rate cut decision. 🔹 CME Group to launch options on Solana and XRP futures. 🔸 SBI Shinsei teams with Partior, DeCurret on tokenized cross-border settlement trial. 🔹 Forward Industries announces $4B share sale to boost $SOL strategy.

Institutional Asset Management Company ORQO Group Plans to Build Yield Platform for Ripple's RLUSD Stablecoin