The USTB token aims to offer an alternative to stablecoins for U.S. institutional investors – venture capital funds, hedge funds, digital asset firms – to park their on-chain cash and earn a yield, Robert Leshner, founder and CEO of Superstate, said in an interview with CoinDesk.
Related posts
-
NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even... -
Deribit Moves $783M in Ethereum To Cold Storage: A Bullish Signal for ETH?
While Ethereum seems to have begun its own major rally, the asset has recently experienced significant... -
Anixa Biosciences Board of Directors Approves Purchase of Bitcoin as Treasury Reserve Asset
SAN JOSE, Calif., Nov. 22, 2024 /PRNewswire/ — Anixa Biosciences, Inc. (“Anixa” or the “Company”) (NASDAQ:...