When Banks Play With Tokens: A Digital Dance of Dollars and Delusions

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In the cold, unyielding machinery of modern commerce, where hope is often sold in squeaky clean brochures, DBS Bank stoops-not without a hint of desperation-to clasp hands with Franklin Templeton and Ripple. Together, they unveil sgBENJI, a tokenized U.S. dollar money market fund, paraded boldly alongside Ripple’s RLUSD stablecoin on the grand stage of the DBS Digital Exchange.

Here, the privileged few – the accredited, the institutional – are granted a window, no, a portal, into the mysterious world of trading and lending, powered not by sweat or soil but by the digital specters of assets and stablecoins. Banking, asset management, blockchain-all dancing an uneasy tango, as if this fusion were some grand teleology, a decisive leap toward tokenized finance’s promised land.

One wonders: will this herald salvation or merely another chapter in mankind’s endless folly of chasing ephemeral wealth? Ah, but do join the procession; the future tastes of ones and zeroes, and the jesters are already laughing. 🤡💸

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2025-09-18 08:36