Fireblocks Opens Stablecoin Marketplace for Payments Firms, Says It Takes No Spread
Photo: Unchained
A payments company that needs stablecoins has typically shopped for them one over-the-counter (OTC) desk at a time, logging into a separate system for each dealer. Quotes often lapse before they can be lined up against one another, and credit limits and balances get reconciled by hand. Fireblocks wants to move that shopping onto its own platform, where, the company says, many of those firms already keep their stablecoin treasuries. The digital asset infrastructure firm launched Fireblocks Liquidity Market on Thursday.
Source: Unchained
