Tag: xrp

TL;DR Galaxy has added $100 million of Sky Protocol’s sUSDS to its own corporate treasury. The firm has also approved sUSDS as collateral across an institutional trading business carrying an average loan book of about $1.4 billion. Galaxy additionally bought an undisclosed amount of SKY, deepening an existing lending relationship with the Sky ecosystem. Galaxy…

TL;DR Blockchain.com and NYSE Group have signed an agreement to explore access to tokenized U.S.-listed stocks and ETFs. The proposed service would use NYSE’s planned digital trading venue and could support around-the-clock trading for eligible global users. Nothing is live yet: the project remains subject to the launch of NYSE’s digital ATS and required regulatory…

TL;DR Circle has launched StableFX on Arc, giving approved institutions 24/7 access to stablecoin-based foreign exchange settlement. The system uses RFQ pricing from multiple liquidity providers and smart-contract settlement so both sides of a trade complete together. Circle is providing the software and settlement infrastructure rather than acting as the intermediary holding customer funds. Circle…

Gracie Lin is Regional CEO for Singapore and Australia and Head of VIP Growth at OKX. She spent the first decade of her career at the Monetary Authority of Singapore, covering banking supervision before moving into markets, then held roles at sovereign wealth fund GIC and at Southeast Asian super app Grab, where she led…

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