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Crypto & Bitcoin

Lynq And The Better Money Company Complete Live Proof Of Concept For Institutional Stablecoin Settlement In Minutes

Reported by Pinion Newswire, BlockTelegraph

Image: BlockTelegraph

Pre-funded workflow validates stablecoin settlement on Lynq in phase one of the collaboration New York, NY Lynq , the institutional settlement network for digital asset markets, and The Better Money Company (TBMC), the stablecoin clearinghouse, today announced the completion of a live proof of concept demonstrating institutional settlement in minutes. In the proof of concept, TBMC converted a client’s assets held on Lynq, into RLUSD, completing the settlement in a few minutes.

This is an excerpt. The reporting belongs to BlockTelegraph.

Read the full report on blocktelegraph.io
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