💜 DeFiance Capital and Galaxy Digital settled a multi-million dollar OTC transaction using the interest-bearing stablecoin USDO. While interest-bearing stablecoins have previously been used primarily for treasury purposes, this instance confirms that they are expanding into assets capable of settling transactions. In other words, institutions can now manage both "profit" and "liquidity" simultaneously as a single asset, without the need to separate them. This can be seen as a signal that the USDO stablecoin is beginning to establish itself as market infrastructure. View Original