€GOVY is designed to give treasurers, asset managers, and other eligible institutions 24/7 onchain exposure to short-dated euro-area government debt through a single token
According to the BoE, the existing regulatory framework is “not a barrier” for central counterparties accepting eligible tokenised collateral, provided the necessary central clearing requirements are met
Ripple National Trust Bank has received authorisation from the US Office of the Comptroller of the Currency to manage Ripple USD stablecoin reserves and provide fiduciary digital asset custody services
The trade was executed on the Stellar network, using USDM1 as collateral through Ascend’s institutional credit facility and priced at SOFR plus 10 basis points
The issuance was carried out through Luxembourg’s central securities depository, LuxCSD, leveraging the digital post-trade platform D7 DLT from its parent company, Clearstream
Industry