Search results for Brale
Crypto
TX RWA platform launches dollar-pegged stablecoin USTX for tokenised stocks
Real-world asset platform TX has launched USTX, a dollar-pegged stablecoin aimed at tokenised stock trading. USTX is designed for use as a payment method in the TX wallet and an upcoming tokenised stock marketplace. Users can mint USTX with USDC and redeem USTX back into USDC, with deposits accepted across eight blockchains. Fintech platform Brale handles issuance and reserve management, with reserves backed 1:1 by dollar-denominated assets.
Crypto
Cardano Foundation says OpenUSD integration possible after Visa, Ripple join
The Cardano Foundation publicly raised the possibility of expanding links with the OpenUSD (OUSD) ecosystem. It said partner Brale joined OpenUSD as a launch partner and could help broaden connections with Cardano. The foundation said it is also considering other integration options and will disclose details if discussions progress. The comments came after criticism that Cardano was absent from a public list of organisations linked to OpenUSD.
Crypto
Visa, Brale launch stablecoin institutional payments pilot on Canton Network
Visa and Brale have started a proof-of-concept on the Canton Network for stablecoin-based settlement of institutional payments. The test uses SBC, a dollar-pegged token issued by Brale, to assess institutional payment flows on blockchain infrastructure that supports privacy. The aim is to evaluate whether financial institutions and payment firms can implement fast, programmable settlement while directly controlling how much sensitive transaction data is disclosed.
