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21X Goes Full DeFi: Tokenized Securities Platform Adopts USDC for Settlements
21X Goes Full DeFi: Tokenized Securities Platform Adopts USDC for Settlements
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Wall Street’s digital sandbox just got a stablecoin upgrade. 21X—the institutional-grade venue for trading tokenized stocks and bonds—is now settling trades in Circle’s USDC. Because nothing says ’progress’ like hedge funds finally using the same stablecoin as crypto degens.
The move signals growing acceptance of on-chain settlement rails, even among traditional finance players dipping their toes in blockchain. No more waiting for T+2—just instant, programmable cash movements. Still, don’t expect champagne corks popping at BlackRock: old-guard asset managers will likely stick to pretending stablecoins don’t exist... until they launch their own.
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