The dual-token structure seeks to sidestep US restrictions on yield-bearing stablecoins by separating returns from the stable unit itself.
Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane, OKX Ventures and stablecoin infrastructure firm STBL, expanding efforts to bring institutional real-world asset yield onto blockchain rails.
Securitize has partnered with stablecoin infrastructure provider STBL, Nasdaq-listed private markets investment management firm Hamilton Lane and crypto exchange OKX’s investment wing, OKX Ventures, to support the launch of a new real-world asset (RWA)-backed stablecoin on X Layer.
The new stablecoin will bring together institutional private credit, regulated tokenization and programmable settlement to support the “next generation onchain financial infrastructure,” said Securitize in a Thursday X post.
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.
