“Tokenizing our money market fund shares to use as collateral is an important and natural first step in scaling our adoption of this technology,” Stephen Whyman, Fidelity International’s head of debt capital markets, said in an email interview. “The benefits to our clients and the wider financial system are clear; in particular, the improved efficiency in delivering margin requirements and reduction in transaction costs and operational risk.”
Key TakeawaysU.S. Senator Ron Wyden urged Senate leaders to preserve protections for non-custodial blockchain developers in the CLARITY Act.Crypto policy...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ripple case is no longer in...
Key Takeaways:In a Series C financing round, Gauntlet raised $125 million under the leadership of SBI Holdings.The funding will grow...
Key TakeawaysHyundai Card slashed cross-border payment times to 7 minutes in a $20,000 corporate stablecoin test.Tether, Avalanche, and Axiym backed...
Key Takeaways:After nearly seven years, Zapper’s operations will come to a halt on August 3.The platform had over 2 million...
