“We’ve added programmatic daily yield so this looks a little bit more like a savings product than a checking account product, which is maybe the way to think about traditional stablecoins,” Cascarilla said in an interview. “[USDL] is going one step further from democratizing access to dollars, to also democratizing the risk-free rate, in the safest manner possible.”
Related posts
-
Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting
“When you’re sitting at a board meeting and the CEO says, ‘I’ve got this idea we... -
UK Regulator FCA Arrests Two People Associated With $1.3B Illegal Crypto Business
“The FCA has an important role to play in keeping dirty money out of the U.K.... -
Crypto Assets Rally With BTC Returning to $66K
Crypto assets enjoyed a rally during the European morning, lifting bitcoin around 1.5% over 24 hours...