Invesco Files On-Chain Reserve Fund For $300B Stablecoin Market
Invesco filed an on-chain stablecoin reserve fund via Superstate, targeting the $300B market. A KYC Allowlist locks retail out, even as it backs your USDC.
Invesco filed an on-chain stablecoin reserve fund via Superstate, targeting the $300B market. A KYC Allowlist locks retail out, even as it backs your USDC.
Cap added Franklin Templeton’s $2.5B BENJI as a deposit asset and pays dollar depositors 5 to 7 percent, versus about 2 percent supplying USDC to Aave.
Franklin Templeton, a $1.74T manager, wired BENJI to MoonPay Trade for USDC and USDT swaps. The catch: institutions only, no $1,000 wallet yet.