The plumbing behind most U.S. securities is going on-chain.
@The_DTCC starts tokenizing $30 trillion at launch with the same CUSIP, the same legal rights and the same protections. Compliance lives inside the token, not beside it.
How it works, in three minutes π
@CantonNetwork@SoloTex_com@txEcosystem
Why a native stablecoin matters for @txEcosystem. Tokenized markets are only as deep as their liquidity, and much sits in USDC across many chains.
$USTX pools it into one native balance on tx to settle assets issued there.
#USTX#tx
Spotted on @txDevHub testnet π
$USTX staking is being tested: three contracts, KYC and non-KYC tiers, 1-3 day locks, 1 $USTX minimum.
New $USTX pool contracts too.
Nothing live on mainnet yet. Not an official @txEcosystem announcement, just what the chain shows.
#tx#RWA
RWA Daily Report Live: tokenization, stablecoins, regulation and the @txEcosystem, including tx's USTX.
Weekdays ~7:45am PT on YouTube and X. A Superledger Media show.
#RWA#USTX
The tokenization service of the DTCC is now open πͺ
34 securities at first, covering $30T.
https://t.co/z6DlrZ0dWO
This means that $30T are tokeniz*able*.
How much and how fast will get tokeniz*ed* by institutions remains to be seen.
Tokenized securities can be issued on-chain and settled on-chain, but most of them still have no regulated place to trade.
Tradecraft ATS from @texture_capital and Obsidian Systems on @CantonNetwork aims to fill that gap.
Here's how it works and where @txRWAs@SoloTex_com fits. π₯
@txEcosystem@tradecraftfi
$TX network movers and shakers, last 24 hours
Validators compared: 52
Top stake gains: @BRW_Solo Capital +1.13M TX (+0.23%)
Top stake losses: @007TXValidator β347.5K TX (β0.05%)
On-chain @txEcosystem data via txLearn by @Superledgerpod#TX#RWA#SmartTokens
https://t.co/b5eRVIhpFi