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Financemagnates
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Stablecoin Growth Spurs Finery Markets’ New Trading Platform as GENIUS Act Advances
- Finery Markets has launched a new trading infrastructure for institutional users of stablecoins to mitigate risks and improve capital efficiency.
- The system allows controlled access to secondary stablecoin liquidity through private room trading.
- The GENIUS Act in the US is providing regulatory clarity for digital assets, while Ripple recently acquired prime broker Hidden Road for $1.25 billion.
- Hidden Road will use Ripple's RLUSD stablecoin as collateral and migrate post-trade activity to XRPL.
- Finery Markets, known for its non-custodial ECN and SaaS crypto trading services, has processed over $200 billion in client orders.
- Bitpace's Chief Revenue Officer discussed challenges in traditional cross-border payments and highlighted the benefits of using stablecoins for fast and low-cost transfers.
- Stablecoins' share of total crypto transactions has risen from 23% to 62% between 2023 and Q1 2025.
- The new platform by Finery Markets offers stablecoin liquidity as a service, connecting clients and institutional providers with features like real-time settlements and flexible trade execution methods.
- New asset-stablecoin pairs can be onboarded in 24 hours via API.
- Konstantin Shulga, CEO of Finery Markets, emphasized the importance of stablecoins thriving in liquid secondary markets for global financial integration.
- The article was written by Tareq Sikder at www.financemagnates.com.
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