USDM1 retweeted
STS Digital to accept USDM1 from eligible counterparties. USDM1 brings on chain collateral with 24/7 transferability into established institutional derivatives frameworks digitalassetsedge.com/digita… #DigitalAssets
USDM1 retweeted
M1X Global was proud to participate in @ISDA and @GlobalDigitalFi's Tokenized Collateral Working Group and Industry Sandbox, powered by @OwneraIO - exploring the use of tokenized collateral, including @USDM1, in institutional derivatives, repo and lending markets.
Today we're announcing institutional-grade qualified custody and off-exchange settlement for USDM1, the world's first natively issued onchain secured sovereign bond.
Institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it for collateral and settlement through BitGo's Go Network.
Available on Stellar, Ethereum and Solana.
Read more in our PR 👇
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