Citadel just settled a 2yr Treasury in MINUTES via BNY's tokenized ledger through Tradeweb
T+1? Dead
Then immediately pledged it as overnight collateral for cash
This is TradFi speed running into on-chain rails and it's not even making headlines
When institutions can move Treasuries like stableswaps, liquidity unlocks at a different scale
T+1? Dead
Then immediately pledged it as overnight collateral for cash
This is TradFi speed running into on-chain rails and it's not even making headlines
When institutions can move Treasuries like stableswaps, liquidity unlocks at a different scale