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0 CommentsHathor Network, an RWA-focused blockchain project, turns the page to start a new era with the introduction of Nano Contracts. Real-world asset (RWA) tokenization is a promising use case of blockchain technology. Carrying RWAs onchain can unlock liquidity and enhance transparency across markets while making ownership more accessible. Industries ranging from real estate and fine…
The rising demand for a natively-issued, 1:1 dollar-backed asset in decentralized finance (DeFi) led to the creation of USDX, the first native stablecoin launched on Flare Network by HT Digital Assets. Amid Markets in Crypto-Assets Regulation (MiCA)-induced compliance stress on Tether, Alessio Quaglini, co-founder and CEO of Hex Trust, explains in an interview with Cointelegraph…
Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its presence in the country, the crypto exchange said on Dec. 23. Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said. Digital assets held…
Securitize, the brokerage firm for the tokenized BlackRock US dollar Institutional Digital Liquidity Fund (BUIDL), has submitted a Frax improvement proposal to add BUIDL as backing collateral for the Frax USD stablecoin. According to the improvement proposal, using BUIDL as a collateral reserve asset provides yield opportunities, deeper liquidity and transfer options, and reduced counter-party risk…
The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in line with a bill proposed by Senator Cynthia Lummis, says asset management firm VanEck. VanEck’s estimate assumed Bitcoin will increase at a compounded annual growth rate (CAGR) of 25% to…
What are crypto liquidity pools? Crypto liquidity pools, which facilitate decentralized trading and other financial operations in decentralized finance (DeFi), are collections of cryptocurrency funds secured by smart contracts. They enable users to trade directly against the pool’s liquidity, thus eliminating the need for traditional order books. Funds in the liquidity pools are supplied by participants known as…
