Babel Finance announced on Thursday that it successfully issued its first collateralized USDC note, in a move that demonstrates crypto's potential to enter the $100 trillion global bond market.
The move, a demonstration of FQX's proof-of-concept, provides a legal layer for decentralized financing, and shows how certain tech can The transaction was executed using a Fireblocks custody wallet, with the principal provided by a Swiss investment firm and secured with smart contract-based collateral denominated in SOL.
"Through tokenization, investors are able to participate with smaller transaction sizes than traditional debt issuance, making it much more accessible to the broader market."
Belgique Dernières Nouvelles, Belgique Actualités
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