Stablecoins must thrive in liquid secondary markets if they are to become a backbone of financial plumbing.
Deposit tokens are commercial bank money embodied in a new technical form.
This is expected to be the first regulated use case of the stablecoin as collateral.
It will be the first token of its kind on a public blockchain.
This establishes a first of its kind regulatory framework for payment stablecoins.
Ubyx enables regulated banks and fintechs to redeem stablecoins at face value.
The stablecoin issuer has applied to list on the NYSE.
The network connects financial institutions to enable faster, lower-cost cross-border payments.
Ripple becomes the first crypto company to own and operate a global, multi-asset prime broker.
