TechFlow reported on February 12 that, according to Cryptonews, the Swiss Stock Exchange Group SIX has launched a Digital Collateral Service, enabling financial institutions to use both crypto assets and traditional securities as collateral.
The service initially supports Bitcoin, Ethereum, Avalanche, Cardano, Solana, Ripple (XRP), and the USDC stablecoin. It primarily targets over-the-counter (OTC) and bilateral cryptocurrency transactions and does not support repurchase agreements or securities lending collateral.
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