Fireblocks launches Liquidity Market for OTC stablecoin trading
- —About $50 billion in stablecoins moved through the Fireblocks Network over the past 12 months
- —B2C2 and Zodia Markets are live at launch; Cumberland, FalconX, GSR and Wintermute to follow
- —Fireblocks takes no spread and does not custody funds during conversion
- —Trades execute via Console or API with limits enforced by the Policy Engine
Why it matters: Standardizing OTC stablecoin quotes simplifies settlement for payments firms and reduces reliance on manual desk-by-desk negotiations.
Source: PR Newswire Blockchain