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Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.
Highlights 🧵:
1/ Mastercard's Multi-Token Network (MTN) has partnered with JPMorgan's Kinexys Digital Payments to improve B2B cross-border payments by offering greater transparency and faster settlement. This integration allows mutual customers to settle transactions through a single API, enhancing the efficiency of digital global commerce.
2/ Anchorage Digital has announced support for Bitcoin staking on the Babylon protocol, allowing institutions to participate in staking as Babylon expands its capacity with the Cap-3 launch.
3/ Securitize and Elixir have launched DeFi vaults for BlackRock's tokenized money fund, BUIDL, allowing holders to earn interest from U.S. Treasury bills while accessing DeFi opportunities. This development unlocks significant liquidity, allowing BUIDL holders to mint sBUIDL tokens and participate in DeFi while continuing to earn underlying yields.
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