Ondo Finance announces the launch of a tokenized fund allowing stablecoin holders globally to invest in bonds and US Treasuries. The fund seeks to close the widening gap between on-chain and off-chain yields, a potentially attractive opportunity for investors holding more than $100 billion in stablecoins, which they currently receive no yield on. Today, crypto investors have a relatively unattractive set […]
The Polymesh Association is excited to share that it is working with blockchain and financial technology provider Stably to explore bringing stablecoin infrastructure to Polymesh, with the intention of launching Stably‘s inaugural USDS token on the institutional-grade blockchain. USDS is a multichain, fiat-backed stablecoin created by Stably who works with Prime Trust, a Nevada state-chartered trust company […]
CLST, an institutional-only lending and borrowing venue for stablecoins and crypto assets, has successfully closed a multi-million USD seed round, led by Spartan Group, with participation from Coinbase Ventures, Kraken Ventures, GSR, Menai Financial Group, Luno Expeditions, a subsidiary of Digital Currency Group, and TX Ventures – the VC investment arm of TX Group. A […]
