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Cryptocurrencies and stablecoins gain growing recognition in traditional financing space (Tradfi) for their ability to streamline payments and increase the efficiency of existing financial systems
In finance, the collateral concerns the process of underlying the provision of other financial transactions, such as loans or derivatives, to alleviate credit risks and ensure smooth transactions.
According to DTCC digital pilot, indicating that digital assets, especially stablecoins, this critical function could modernize and simplify and simplify and simplify and simplify and simplify this critical function, digital assets such as Stablecoins. modernize and simplify.
“Digital assets are truly a perfect security management case, whether they are unclear derivatives, clear derivatives, central counterparties, repo or any other type of collateral,” said Joseph Spiro, DTCC Digital Assets product director during Consensus 2025.
The control of the collateral requires complicated manual processes due to strict requirements for a locked collateral that can only be released to the appropriate parties at predetermined intervals.
“All of this can be achieved better, faster and more efficiently through digital assets and intelligent contracts,” Spiro said, adding that “all manual processing can disappear.”
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The pilot, called “Great Collateral Experiment”, comes when American politicians work on clear regulatory frames for stablecoins.
May 14, at least 60 of The best founders of the crypto Collected in Washington, DC to support the management and introduction of national innovations for American stablecoins or brilliant law. The bill initially failed get enough support from Democrats 8.
The Genius Act seeks to set instructions for collateralization for stablecoin issuers, and at the same time require full compliance with the money laundering laws.
The bill stopped on May 8 After he could not get support from key democratsSome of them expressed concern about US President Donald Trump, who potentially benefited from digital assets through his cryptological businesses.
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Stablecoins can streamline loans and settlement
The integration of stablecoins into traditional Fiat loan loans could further stream the traditions of Tradf, according to Kyle Hauptman, chairman of National Credit Union administration.
Stablecoin programmability could increase the more transparent and more efficient loan repayment process for all participants, which is currently a “clumsy process where they settle at the end of the month,” Hauptaman said during the same panel discussion, adding: He added:
“Stablecoins and their programmability can make it much easier.”
“Not only did we make the life of cooperative credit unions to solve these things, you could do it for a smaller amount of money, but the debtor should get a better solution here, because now this thing has some features of big bond issuing. Now he’s liquid,” he said.
Other legislation – transparency and responsibility of stablecoins for a better law on book economics (stable) – passed through the Commission of Financial Services in House 2. April in voting 32–17. Account Awaiting the planning of the debate and vote the floor in the House of Representatives.
https://www.youtube.com/watch?v=hvoqj4xs88s
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