“The re7 Capital Partnership Marks Latest Push to Scale World Liberty’s Stablecoin EcoSystem on BNB Chain.”, – WRITE: www.coindesk.com
The Move Is Part of World Liberty’s Broader Initiative to Scale USD1 Across Binance’s Bnb Chain, A Blockchain Known for Its Low Transaction Costs and High-Speed InfrastRUCTRUCTRUCTRUCTRUCTRUCTURECTORUCTURE. The Stablecoin is Positioned As a Dollar-Pegged Digital Asset Designed for Use Within Defi Ecosystems.
Re7 Labs, An Arm of London-Based Defi Hedge Fund Re7 Capital, Is Playing A Key Role in the Effort. Just Last Week, Re7 Labs Disclosed It Wuldy Receive Up to $ 10 Million from Hong Kong-Based VMS Group. The Family Office, Who Oversees Roughly $ 4 Billion in Assets, Is Making ITS FIRST FORRAY INTO Crypto with the Investment.
“This Collaboration Reflects a Shared Commitment to Building The Net Generation of Defi Infrastructure – WHERE Stability, Transparency and Capital Efficiency Converge Capital, Said in the Statement. “Working Alongside World Liberty, Euler and Bnb Chain, We’re Advanceing A Model for Stablecoin Adoptation That Meets of Expectations of Both Crypto-Native and Institute
Euler and Lista Are Decentralized Lending Platforms that Enable USers to Borrow and Lend Digital Assets Using Smart Contracts. The addition of a USD1 Stablecoin Vault to Tese Platforms Could Make It Easier for Traders and Institutions to Access Dollar-Pegged Liquidity Within The Defi Environment.
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