Uniform Labs Launches Multiliquid for 24/7 Swaps in $35B Tokenized Assets (blockchain-based asset tokens) Market
Uniform Labs’ Multiliquid protocol enables institutions to trade tokenized money market funds and stablecoins instantly, addressing multi-day redemption delays and supporting USDT and USDC liquidity.
USDT
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Summary
Uniform Labs announced the launch of its Multiliquid protocol on Dec. 17, designed to allow institutions to swap blue-chip tokenized money market funds and stablecoins around the clock. The platform removes multi-day redemption delays and supports liquidity trading in USDT and USDC. According to the company, Multiliquid is built to serve tokenized money market funds, real-world assets (RWAs), and stablecoins, providing instant settlement capability across various asset types.
Terms & Concepts
- Tokenization: Converting real-world assets to blockchain tokens for transfer and settlement.
- Stablecoin: A cryptocurrency pegged to fiat currency; used for payments and cross-border transfers.
- Liquidity layer: Infrastructure enabling instant swaps between assets to overcome redemption lags and illiquidity.