BlackRock CEO Backs Tokenization of Stocks and Bonds

20. März 2023 // von admin

• BlackRock CEO Larry Fink believes tokenizing asset classes like stocks and bonds might increase efficiency in capital markets and improve investor access. • He also discussed the advancements of payment systems and financial inclusion in developing countries, while advanced nations such as the US lag behind. • Fink believes that more transparent regulations will […]

USDC Back on Track: Circle Announces Corporate Resources Backing

13. März 2023 // von admin

• Circle announced that it will back its stablecoin USDC with corporate resources if needed. • USDC temporarily traded for less than its $1 peg on March 11, and is currently trading at $0.95. • The unexpected closure of Silicon Valley Bank (SVB) sparked the need for this strategy. Circle Announces Corporate Backing for USDC […]