5.8 C
London
Thursday, March 28, 2024
HomeBankingLiquid: Launches crypto ledger book for Singapore stablecoin

Liquid: Launches crypto ledger book for Singapore stablecoin

Date:

  • Liquid, one of the world’s largest cryptocurrency-fiat exchange platforms by trade volume, is partnering with Xfers
  • Xfers a Singapore-based B2B payment platform to introduce the first-of-its-kind crypto ledger order book for XSGD/SGD transactions on Liquid
  • Powered by open-source blockchain protocols, XSGD is an SGD stablecoin, which has 1:1 parity with the Singapore Dollar
  • Headquartered in Japan, Liquid is consistently among the top 10 exchanges by fiat-cryptocurrency volume
  • Liquid is also one of the first global exchanges to adopt multi-party computing (MPC) for securing cryptographic assets
  • Liquid and Xfers will together benefit from the power of Blockchain to help customers instantly deposit and convert their SGD to XSGD stablecoin

Related stories

BNY Mellon deploys AI supercomputer from Nvidia

BNY Mellon, a US-based banking heavyweight, has deployed...

Colombian BNPL firm Addi lands $86m in equity and debt funding

Colombian buy now, pay later (BNPL) firm Addi...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img