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.
Trust Wallet has announced that users will soon access real-world assets in its app through an upgraded Swap flow, supporting its goal of becoming a Web3 neobank. CEO Eowyn Chen has cited work on compliance, liquidity and streamlined UX, with region-dependent rollout expected in Q3–Q4.
Bringing traditional financial assets on-chain may be the biggest opportunity for decentralized finance (DeFi), according to Aave founder Stani Kulechov.
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