HomeCoinsDigitalBits (XDB)Secure Digital Markets Announces Support for ZUSD | by Rajiv Naidoo |...

Secure Digital Markets Announces Support for ZUSD | by Rajiv Naidoo | DigitalBitsOrg | Feb, 2021

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Rajiv Naidoo

The XDB Foundation is pleased to see the addition of Zytara’s stablecoin, ZUSD, to Secure Digital Markets (SDM), the institutional trading desk of the GDA Group. SDM is a leading digital asset brokerage, liquidity provider and OTC desk that provides a suite of financial services to institutional and high network clients. ZUSD will be added to SDM’s trading infrastructure, allowing for spot market liquidity against the top 10 digital assets trading pairs. Further to this, SDM will add G10 currency support to all ZUSD settlements, in addition to full customer-support on all ZUSD-related transactions.

“Stablecoins are an essential part of the digital asset landscape, driving liquidity and acting as an ideal hedging instrument when capital is deployed and left on the market. As digital assets continue to excel in their respective industry niches, we have been looking for a stablecoin to offer to our gaming and esports clientele; we are thrilled to be adding ZUSD to the portfolio of digital assets that we support,” said Zachary Friedman, Founder and COO of Secure Digital Markets.

For full release, click here.



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