- OpenEden Strikes to Tokenize US Treasury Payments on the XRP Ledger.
- Ripple invests $10 million in tokenized OpenEden treasury payments.
- XRPL strengthens its place in real-world asset tokenization.
In a serious milestone for XRP Ledger (XRPL), tokenization platform OpenEden launched tokenized US Treasury payments (T-bills), or TBILL tokens, on XRPL.
Immediately, Ripple introduced this growth by means of an official press assertion, saying that it’s a vital step in the direction of the combination of conventional monetary property with blockchain expertise.
Tokenized Treasury payments, short-term US authorities debt bonds backed by the Treasury Division, might be out there on XRPL. OpenEden's TBILL tokens are backed by investments in short-term US Treasury payments and repurchase agreements backed by US Treasuries. To make sure safety and compliance, OpenEden mandates strict Know Your Buyer (KYC) and Anti-Cash Laundering (AML) checks on all contributors.
Ripple, a frontrunner in enterprise blockchain and crypto options, has donated $10 million in TBILL tokens to OpenEden. This funding is a part of Ripple's broader technique of all…
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