Bitcoin and altcoins failed to follow gold and stocks to all-time highs this month, partly thanks to a lack of stablecoin liquidity on cryptocurrency exchanges.
Stablecoin payments firm RedotPay said it became a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures.
Kadan Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph treasury companies are competing to see who can create the most enticing structure.