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OpenEden is launching tokenized US Treasury Bills on the XRP Ledger. Users will be able to mint such products via stablecoins such as Ripple USD .
“Institutions are increasingly looking at where to tokenize their real-world assets, and the arrival of T-bills on the XRPL powered by OpenEden reinforces the decentralized Layer 1 blockchain as one of the leading blockchains for real-world asset tokenization,” he added. Not long ago, OpenEden surpassed $75 million in total value locked for its tokenized T-bills. Speaking on the matter was co-founder Jeremy Ng:
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