The decision marks the return to a single list of eligible collateral applied across the whole euro area, reducing complexity and ensuring a level playing field for all credit institutions
The firm says the initiative will allow for enhanced liquidity and collateral mobility, bridging the gap between digital securities and the core of European central bank money operations
Stablecoin infrastructure firm HIFI provided the cash leg of the transaction against US Treasuries supplied by trading platform DRW, while Marex acted as prime broker
The move aims to support the high-level opening-up of China's financial markets and facilitate the RMB liquidity management of overseas central banking institutions