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Franklin Templeton Highlights XRP’s Role in Global Settlement Infrastructure

The $1.7 trillion asset management firm describes XRP as a key component in cross-border payment systems.

XRP

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Terms & Concepts
  • XRP: A digital currency created by Ripple, used for fast and low-cost cross-border transactions.
  • Global settlement infrastructure: Systems and networks facilitating finalization of financial transactions across countries.
  • Franklin Templeton: A U.S.-based asset management company overseeing $1.7 trillion in assets.