Equities
As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum.
The ASX fell sharply during its opening session Monday after Australia's Prime Minister announced drastic measures to curb the spread of coronavirus.
The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain.