Crypto
The Rise of Tokenized Money Market Funds and Their Impact on Stablecoins
Regulatory uncertainties have allowed tokenized money market funds to overshadow yield-bearing stablecoins, according to Aaron Kaplan, co-CEO of Prometheum.
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Regulatory uncertainties have allowed tokenized money market funds to overshadow yield-bearing stablecoins, according to Aaron Kaplan, co-CEO of Prometheum.
Copper has announced the availability of custody services for tokenized money market funds, including BlackRock's BUIDL, following approval from Abu Dhabi's Financial Services Regulatory Authority.
A recent pilot by Chainlink, UBS, and Swift demonstrates the potential for blockchain technology to enhance fiat settlement processes within traditional finance.
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