Algorand has consolidated a 70% grip on the $24.3bn real-world asset sector, recording $268.2 m in tokenized value. Messari reports Q1 stablecoin capital on the chain has risen 137% to $135m, led by USDC, while new staking rewards have drawn more than two billion ALGO out of circulation.
Fiat Chain has been introduced by Algorand founder Silvio Micali as a public blockchain for institutions that runs without its own cryptocurrency. Quarterly elected validators earn stablecoin fees, supporting on-chain tokenisation of bonds and other assets.
Georgios Vlachos, Co-Founder of Axelar protocol and director at Axelar Foundation. Georgios received his BSc and MS Eng. in computer science at MIT.
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