#wisdomtree2 articles

2 articles

DeFiBullishThe Block · 6h ago7/10

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Sonic Labs taps Frax infrastructure for native network stablecoin

Sonic Labs has partnered with Frax to launch USSD, a native network stablecoin backed by tokenized Treasury products from major asset managers including BlackRock, WisdomTree, and Superstate. This integration leverages Frax's infrastructure to provide a regulated, asset-backed stablecoin for the Sonic network.

DeFiBullishBankless · Feb 237/106

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SEC Streamlines Issuance Process for Onchain Money Market Funds

The SEC has issued new guidance that streamlines the process for issuing onchain money market funds, specifically allowing WisdomTree to issue onchain money market shares at $1 per share at any time. This regulatory clarification represents a significant step toward mainstream adoption of tokenized traditional financial products.