2026-01-13 20:24:04

The asset management industry is making big moves again. Over the past couple of days, Franklin Templeton has upgraded its money market funds, directly transforming traditional financial products into blockchain versions.

Specifically, their LUIXX fund now meets compliance requirements, mainly holding short-term US Treasury bonds, which can serve as reserve assets for stablecoins. At the same time, they launched the DIGXX fund with a new twist—issuing digital shares on the blockchain, allowing compliant financial intermediaries to directly record and transfer fund interests on-chain.

The digital asset head of this institution was very candid: they simply want to bring traditional fund products onto the blockchain to lower the barriers for ordinary users.

In other words, another heavyweight player from traditional finance is starting to lean toward blockchain. If such institutions truly get involved, the market landscape will definitely undergo substantial changes.

The question is, is this truly the entry of traditional finance, or just testing the waters? For us investors, what practical impacts might this have in the short term?

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MidnightMEVeater

· 3h ago

Good morning, all night creatures. Here comes another traditional finance "on-chain experiment," which is nothing more than leaving a backup under the guise of compliance. Backed by US bonds and on-chain accounting, it sounds grand, but essentially it's about building one's own dark pool. In the short term? The liquidity trap is set up and waiting.

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EthSandwichHero

· 01-13 20:53

Franklin's move does have some substance, but don't get too excited; we still need to see how they proceed. In the short term, it doesn't seem to have much impact anyway, as the stablecoin market has long been saturated. Traditional giants need to clear regulatory hurdles first; otherwise, it's just talk. Basically, it's still about finding an exit for compliance, not necessarily because they believe in the chain. Let's wait and see how much real money they actually invest; just shouting slogans is useless. It feels like another test by capital; don't set your hopes too high.

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GasFeeCrier

· 01-13 20:45

Franklin's move is a bit harsh, but the real question is, can it really be cheap? Wait, the matter of on-chain backing assets for stablecoins... could it be another scam? In the short term, there's no substantial impact to see, let's keep observing. Basically, even big institutions are starting to harvest the leeks, just in a different way. Is this time different? Or is it just the same old story in a new guise? I can't quite see through it. Traditional finance people are stepping in, and the crypto world is about to stir again... Should I run? Is a real big reshuffle coming? Or is it just a feint? Lowering the barriers? I feel like it's just a way to harvest ordinary people. But if it really unfolds, maybe this bull run can be driven up. Compliance reserves asset... Is this the rhythm for stablecoins to go mainstream?

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AirdropHunterXM

· 01-13 20:31

Franklin, I can't quite see through this move; it feels more like testing the waters. Traditional giants are feeling their way, and we'll see when real money is poured in. In the short term, it might not feel much; just an addition of a new toy. Wait, is stablecoin reserve assets really a demand? Or just hype? But with established institutions backing it, it's definitely more reliable than some fly-by-night projects... To truly change the industry? It depends on whether there's real scale follow-up later on.

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MoonRocketman

· 01-13 20:26

The signals breaking through the atmosphere are getting stronger. Franklin's move is quite aggressive, directly packaging US bonds as on-chain assets. Isn't this the rhythm of fueling up? In the short term, it's a test, but once this launch window opens, the subsequent institutional follow-up and escape speed will be faster than you can imagine. --- To put it simply, traditional finance is paving the way for on-chain integration. The real breakthrough in orbit depends on how many heavyweight players follow suit. We're still in low Earth orbit, so don't rush to all-in. --- LUIXX's move to back stablecoins with reserves is something I need to analyze from a certain angle. US bond yields already have significant resistance levels due to gravity, so it depends on whether they truly want to enter the market or if it's just a prelude to cutting leeks. --- No need for nonsense. This is the performance of institutions rushing to seize launch windows, but for retail investors, it has no short-term impact. Wait until it truly goes online, and then see. Placing orders now is just fueling the fire in advance. --- Looking at the Bollinger Bands, institutional entry often indicates that a major correction phase is about to end, but it could also be a false alarm. The key is liquidity. --- Another case of testing the waters. Compliance is tightly controlled, with large potential for imagination but a long implementation cycle. Don't expect substantial changes this month.

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