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21X Doubles Down on Liquidity—Adds USDC to Tokenized Securities Platform

21X Doubles Down on Liquidity—Adds USDC to Tokenized Securities Platform

Author:
Coindesk
Published:
2025-06-02 14:11:54
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Tokenized Securities Trading Venue 21X Adds Circle’s USDC Stablecoin

Wall Street’s digital puppet show gets a stablecoin upgrade.

21X—the trading venue turning real-world assets into blockchain tokens—just plugged Circle’s USDC into its system. No more fiat drag for institutions swapping tokenized stocks and bonds.

Why it matters: Traders can now park cash in crypto’s least volatile dollar proxy between plays. Faster settlements, fewer counterparty risks—and another step toward the inevitable merger of TradFi and DeFi plumbing.

The cynical take: Because nothing screams ’innovation’ like reinventing money market funds with extra steps and blockchain buzzwords.

|Square

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