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Algorand has formed a market-making partnership with XBTO.
GateNewsBot
ALGO-0,2%
PANews, August 28th, reported that according to the Algorand Foundation, Algorand has reached a partnership with the global digital asset management institution XBTO. XBTO will provide market-making services for ALGO Token and enhance the liquidity and transfer efficiency of the stablecoin USDC. XBTO will provide continuous liquidity support for ALGO on both primary and secondary exchanges, while utilizing Algorand’s high-performance Blockchain to optimize the transfer operations of USDC between hosted wallets and exchanges.
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