Ripple Director Backs Franklin Templeton's XRP ETF and XRPL Use in Tokenized Money Market Funds
On 03 Jan 2026, Ripple managing director Reece Merrick publicly backed Franklin Templeton's decision to position XRP as a foundational asset via its XRPZ ETF on NYSE Arca. Franklin Templeton, which manages about $1.6 trillion in assets, uses the XRP Ledger for tokenized money market funds alongside Ripple's RLUSD stablecoin and the sgBENJI USD money market token listed on DBS Digital Exchange.