Metacomp allows clients to buy securities such as Treasury bills by converting stablecoins into fiat on their behalf. The digital asset platform sees a wider role for stablecoins in traditional financial markets.
SINGAPORE – MetaComp, a digital asset platform, said it is offering clients the ability to buy traditional securities such as money market funds and U.S. Treasury bills for stablecoins – which it converts to fiat – in a first for Singapore.
The firm has accepted stablecoins tether (USDT) and USD Coin (USDC) from as many as 10 of its institutional and accredited investors, co-founder Bo Bai told CoinDesk in an
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