Ripple to Issue $10 Million in Tokenized U.S. Treasury Bills on XRP Ledger
Ripple plans to issue tokenized U.S. Treasury bills worth $10 million on the XRP Ledger, marking the first time such tokens will be available on the platform. This move is part of a larger trend in the crypto industry where traditional financial securities and real-world assets are being tokenized, attracting major players like BlackRock and improving efficiency. Despite regulatory uncertainty in the U.S., Ripple's business is thriving, and several institutions are adopting their services.
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