PANews reported on August 28th that the Algorand Foundation has partnered with XBTO, a global digital asset management firm. XBTO will provide market-making services for the ALGO token and enhance the liquidity and transfer efficiency of the USDC stablecoin. XBTO will provide continuous liquidity support for ALGO on primary and secondary exchanges, while leveraging Algorand's high-performance blockchain to optimize USDC transfers between custodial wallets and exchanges.PANews reported on August 28th that the Algorand Foundation has partnered with XBTO, a global digital asset management firm. XBTO will provide market-making services for the ALGO token and enhance the liquidity and transfer efficiency of the USDC stablecoin. XBTO will provide continuous liquidity support for ALGO on primary and secondary exchanges, while leveraging Algorand's high-performance blockchain to optimize USDC transfers between custodial wallets and exchanges.
Algorand and XBTO Enter into Market Making Partnership
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PANews reported on August 28th that the Algorand Foundation has partnered with XBTO, a global digital asset management firm. XBTO will provide market-making services for the ALGO token and enhance the liquidity and transfer efficiency of the USDC stablecoin. XBTO will provide continuous liquidity support for ALGO on primary and secondary exchanges, while leveraging Algorand's high-performance blockchain to optimize USDC transfers between custodial wallets and exchanges.
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