#山寨季将至？ CRCL is undervalued? DBS Bank, Franklin Templeton, and Ripple have signed a memorandum of cooperation to launch tokenized trading and lending services. Franklin's US Dollar Short Bond Fund (sgBENJI) will be tokenized and launched on DDEx alongside RLUSD; investors can switch between stablecoins and yield-bearing assets at any time. In the next phase, sgBENJI can also be used as collateral for repurchase agreements. Tokenized securities and stablecoins are entering the mainstream investment landscape.