XRP Could Benefit from Tokenized Money-Market Funds, Baehr Predicts Trillions Will Move Onchain
A recent comment from GSR Managing Director Andy Baehr suggests that tokenizing money-market funds could revolutionize how financial markets manage collateral. Baehr noted that traditional markets still face timing limitations due to processing collateral and variation-margin payments only a few times each day during weekdays.
He explained that if existing traditional exchanges started accepting tokenized money market funds or tokenized treasury funds as good collateral, it could improve collateral movement and risk management, supporting more efficient weekend trading. Baehr also mentioned that this development could enable cleaner weekend trading as financial markets expand their operating hours.
X Finance Bull connected Baehr's comments to XRP, suggesting that the XRP Ledger could play a significant role if trillions of dollars in traditional financial assets move onchain. The commentator highlighted the scale of the money-market fund market, citing approximately $13.72 trillion in assets worldwide.