OpenEden Launches Tokenized Treasury Bills on XRP Ledger! đ
- OpenEden brings tokenized US Treasury bills to the XRP Ledger (XRPL), combining traditional finance with DeFi.
- Ripple will create a $10 million fund for these products. RippleX's Markus Infanger stated that this step opens up new opportunities for the tokenization of real-world assets.
- Tokenized Treasury bills are digital representations of traditional financial products and can be bought and sold on the blockchain.
- OpenEden surpasses $75 million total value lock for tokenized Treasury bills.
- You will be able to mint these products with stablecoins such as Ripple USD (RLUSD).
XRP Price View đ
- XRP price is down 6%, but the potential resolution in Ripple v SEC could positively impact the value.
- Yesterday, XRP hit its highest level in four months, reaching $0.66.
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