Wisdomtree Launches USDW Stablecoin to Meet Growing Demand

CN
17 hours ago

USDW, a U.S. dollar-backed stablecoin designed for transactions, is complemented by WTGXX, a tokenized U.S. government money market fund aimed at providing yield. To enhance accessibility, Wisdomtree has developed a stablecoin interoperability layer that allows clients to easily on- and off-ramp using established stablecoins like USDC. The combination of USDW and WTGXX is intended to facilitate investing, reserves, and treasury operations across various real-world applications. Additionally, USDW operates within Wisdomtree Prime, the company’s retail app, enabling seamless value movement and offering investors the option to receive dividends in USDW.

Wisdomtree is an asset management firm that specializes in exchange-traded funds (ETFs) and other investment products, and it has been expanding its focus on digital assets. The firm is headquartered in New York City and is publicly traded on the Nasdaq.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

币安三重礼遇!BTC包赔+注册返现+会员好礼!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink