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Franklin Templeton Reportedly Joins XRP ETF Race; RLUSD Stablecoin Grows
11/24/2025, 18:07
AI SUMMARY
●• Franklin Templeton reportedly files for an XRP ETF, calling XRP "foundational"
●• Ripple's RLUSD stablecoin sees rapid growth, up 21% on Ethereum in the past month
●• Institutional interest in the Ripple ecosystem continues to broaden
Reports from CoinDesk indicate that Franklin Templeton has joined the race for an XRP ETF, describing the asset as "foundational" to global finance. This adds another major institutional player to the list of potential issuers seeking exposure to Ripple's native token.
Simultaneously, Token Terminal data highlights that Ripple's RLUSD is currently one of the fastest-growing stablecoins in the market. Its market cap on Ethereum has increased by over 21% in the past month.
These developments signal expanding institutional interest and utility within the Ripple ecosystem, despite ongoing regulatory landscapes.