XRP Ledger Steps Into Global Finance With Tokenized Treasuries

XRP is no longer a cross-border payment tool only. With DBS Bank and Franklin Templeton, Ripple is now transferring U.S. Treasuries and money market funds (MMFs) to the XRP Ledger (XRPL). It is a pivot in the way traditional finance is introduced to blockchain. The relocation puts the foundations of the world economy in the tune of billions of dollars on a decentralized platform.

A Push Toward Tokenized Assets

At the core of this announcement is tokenization, the process by which real-world assets (RWAs) are converted into digital tokens that exist on a blockchain. As of 2025, there are over 26 trillion in outstanding loans in U.S. Treasuries, making them perhaps the safest safe-haven assets in the world. Of interest to short-term liquid funds is money market funds which have more than 6 trillion in value around the globe and mainly used by corporations and governments.

By tokenizing these instruments on the XRP Ledger Ripple and its partners seek to help faster settlement, 24/7 trading and cheaper transfers than traditional rails such as SWIFT.

Institutional Backing

Southeast Asia’s largest bank, DBS Bank, is also a known digital asset leader. They have already established a regulated digital securities trading operation in Singapore and have strong connections to Asian institutional investors. One of the companies that pioneered the first tokenized money market fund in the U.S. was the investment giant Franklin Templeton, which has over $1.5 trillion in assets under management. It is doing that now with XRPL. In the case of Ripple, these partnerships bolster its business proposition as the institutional finance infrastructure.

Why XRPL?

XRP Ledger is one of the best blockchains to be tested in battle because it has operated over ten years with no significant interruption. In contrast to proof-of-work chains, XRPL has a consensus protocol, which can support 1,500 transactions per second and has low energy consumption. It is appropriate to tokenized finance because it has the following features:

• Speed: The transactions take between 3 and 5 seconds.
• Low Cost: The cost of transfer is fractions of a cent.
• Scalability: Programmed to process institutional amounts.
• Ready To Compliance: Inbuilt functions enable controlled companies to comply with the legal provisions.

Ripple has a stablecoin, RLUSD (Ripple USD), which was introduced earlier this year and which is secured by U.S. Treasuries. Such a stablecoin may have a part to play in offering liquidity to tokenized treasuries and MMFs.