Web3
Ascend and M1X Global Settle First Institutional Repo on Stellar (XLM) With 72 Rollovers
COINOTAG·October 23, 2026·1 min read
Ascend Markets and M1X Global completed the first regulated repo on Stellar (XLM), executing 72 automated hourly rollovers for under one cent in total fees. The transaction marks a milestone for institutional lending on blockchain, demonstrating cost efficiency and reliability for recurring settlements.
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