Franklin Templeton has modified its LUIXX fund to hold short-term US Treasuries and adhere to stablecoin reserve standards, according to reports. In related news, the DIGXX fund now features an onchain share class. The development signals traditional finance's continued interest in and integration with the digital asset space. Stablecoin reserves are crucial for maintaining the peg and stability of stablecoins, and this move by Franklin Templeton could enhance confidence in the asset class.

Franklin Templeton has modified its LUIXX fund to hold short-term US Treasuries and adhere to stablecoin reserve standards, according to reports. In related news, the DIGXX fund now features an onchain share class. The development signals traditional finance's continued interest in and integration with the digital asset space. Stablecoin reserves are crucial for maintaining the peg and stability of stablecoins, and this move by Franklin Templeton could enhance confidence in the asset class.