Swiss government-owned financial institution PostFinance has revealed plans to enable its customers to access cryptocurrencies through a collaboration with regulated digital asset services provider Sygnum Bank.
Brazilian financial powerhouse BTG Pactual, recognized as one of Latin America’s largest investment banks, has unveiled a stablecoin via the bank’s cryptocurrency platform Mynt.
As gold prices move towards a historic peak, the total market capitalization of digital assets backed by the precious metal has surpassed the $1 billion mark. These digital assets are stablecoins that essentially tokenize gold and follow its price.
Top stories in the Crypto Roundup today:
- Swiss Government Owned Bank Embraces Crypto
- Brazilian Financial Powerhouse ‘BTG Pactual’ Launches Polygon-Powered Stablecoin
- Gold-Backed Digital Assets’ Market Cap Surpasses $1 Billion