XRP Ledger To Offer Tokenized US Treasury Bills In Partnership With OpenEden
The post XRP Ledger To Offer Tokenized US Treasury Bills In Partnership With OpenEden appeared first on Coinpedia Fintech News
In a groundbreaking move, the XRP Ledger will now offer tokenized US Treasury bills (T-bills) to investors with a new OpenEden partnership. T-bills, short-term US government debt obligations backed by the Department of the Treasury, will be available as TBILL tokens on the XRPL. Ripple is committing $10 million to OpenEden’s TBILL tokens. This investment is part of a larger fund allocated to tokenized T-bills provided by OpenEden and other issuers. Tokenized T-bills provide new investment opportunities and enhanced security on XRP Ledger.
