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Passive Income & FIRE
Tag: collateral
BNY and Citadel Securities Complete Landmark Tokenized U.S. Treasury Transaction to Streamline Wall Street Collateral
In a major milestone for the integration of distributed ledger technology into traditional finance, BNY—the world’s largest custody bank—and market-making giant Citadel Securities announced on Tuesday that they have successfully completed a transaction utilizing tokenized U.S. Treasuries. The collaborative effort highlights how blockchain-based government bonds can fundamentally alter how trading firms manage their balance sheets,…
Standard Chartered Offers RLUSD Custody in Dubai and Plans LMAX Collateral Link
Global banking giant Standard Chartered has officially expanded its digital asset footprint by introducing institutional custody services for Ripple’s USD-pegged stablecoin, RLUSD, operating on the XRP Ledger. Delivered through the bank’s established branch in Dubai, the new service provides eligible institutional clients with a trusted, heavily regulated traditional banking institution to safely hold the dollar-pegged…
