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Because the industry’s been talking a lot about the use cases for stablecoins and onchain RWAs, it’s worth highlighting a soon-to-launch settlement network for institutions.
Called Lynq, the network will be powered by the Arca Institutional US Treasury Fund (TFND). That has a portfolio of short-term, yield-bearing US Treasurys and issues its shares via the Avalanche Blockchain.
TFND requires AML/KYC on subscribers, and all client funds are held with US Bank.
Speaking of partners, Lynq is set to use tZERO’s special purpose broker-dealer license and Tassat’s real-time…
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