The post DBS Tests Repo With Ripple RLUSD and Franklin sgBENJI appeared on BitcoinEthereumNews.com.

Ripple, DBS, and Franklin Templeton launch tokenized repo pilot on DBS Exchange. Repo trades use Ripple’s RLUSD stablecoin and Franklin Templeton’s sgBENJI token. sgBENJI issued on XRP Ledger enables fast collateralized lending and settlements. DBS, Ripple, and Franklin Templeton have signed a memorandum of understanding to bring repo transactions into tokenized finance. The framework pairs Ripple’s RLUSD stablecoin with Franklin Templeton’s sgBENJI tokenized money market fund, listed on DBS Digital Exchange. The setup gives accredited clients a path to rebalance cash into a regulated, yield-bearing vehicle while transacting with stablecoins that settle within minutes. For institutions used to overnight repo desks, this is a first look at how traditional liquidity tools can migrate onto public blockchains. Related: Franklin Templeton Launches its DeFi Solution Benji on Ethereum Demand From Institutions Shapes the Design The three firms cited rising demand for digital asset allocations, with surveys showing nearly nine in ten institutional investors plan to increase exposure in 2025. The repo model was chosen because it mirrors an existing backbone of global funding markets: collateralized lending against short-term securities. By allowing RLUSD to trade directly against sgBENJI on DBS Digital Exchange, desks can manage intraday liquidity, park stablecoin reserves into a fund earning regulated yield, and unwind positions quickly when cash is needed. DBS to Expand Collateralized Lending The next phase extends sgBENJI beyond a trading instrument into repo collateral. DBS plans to let investors pledge sgBENJI against credit lines arranged through the bank or third-party lenders. That opens deeper liquidity pools with the assurance that collateral sits inside a regulated balance sheet. For trading desks, that means onchain repo could eventually function like its traditional counterpart, rolling positions overnight, secured by tokenized assets that settle in near real-time. XRP Ledger as the Settlement Rail Franklin Templeton will issue sgBENJI tokens on…

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Filed under: News - @ September 18, 2025 12:25 pm