Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Institutions that use Fireblocks for crypto key management workflows will work seamlessly with M^0’s stablecoin-minting and validation software.
"We are creating these minter modules and validator modules to be as institutional ready as possible,” M^0 Labs CEO Luca Prosperi said in an interview. “So when a party like a large market maker or trading desk, for example, comes and says they want to become a minter, but have their key management system on Fireblocks, then you can integrate it in a seamless way with them.
The organization also highlights what it says is a unique feature of its business model: revenue sharing In existing models either the issuer, such as Tether or Circle, keeps all yield, or the interest payment accrues to the token holder. There’s a need for more flexible system, Prosperi said.
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