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Singapore, Singapore, May 2nd, 2024, Chainwire
MAS-regulated custodian Propine is announcing its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to enhance global trade finance operations. Propine, licensed by the Monetary Authority of Singapore, is a prominent digital asset custodian serving large institutional clients. 
FXD is a stable-price cryptocurrency over-collateralised by the XDC network token and RWA, including trade finance assets. It has emerged as a use case-driven solution amidst growing concerns over the trade finance gap. It has been a significant barrier to global trade, particularly affecting small and medium-sized enterprises (SMEs). 
By offering a stable and reliable transaction medium and store of value, FXD aims to facilitate essential functions in a $30 trillio

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We współpracy z: https://cryptodaily.co.uk/2024/05/rwa-in-focus-mas-regulated-digital-asset-custodian-propine-introduces-support-for-fathom-dollar-fxd-stablecoin-on-xdc-network