Money market fund tokens—robust assets also want "speed and passion"

Money market funds have long been regarded as "wealth management tools," but their drawbacks are slow settlement and limited use cases. After tokenization, fund shares can circulate on the chain like stablecoins, which means traditional cash management tools gain Web3 liquidity wings.
Franklin's move may be aimed at institutional-level application scenarios. Imagine: corporate fund management, cross-border settlements, on-chain collateralization—all can directly access the income assets of the money market fund, instead of letting funds sit idle in accounts.
But there are also questions—when fund shares circulate like tokens, how should the regulatory framework be defined? How to ensure investor protection? These factors will determine how far tokenization can go.
Just a joke: in the past, money market funds competed on yield; now, they might compete on "on-chain transfer speed."#富兰克林推进货基代币化 #