Grove Basin's first transaction is written onchain ๐ณ
On July 28, a holder of
@JHIAdvisors' JTRSY initiated a $111k redemption on
@centrifuge and instantly received USDC in the same transaction. The fund's standard redemption process still takes days. The holderโs liquidity arrived immediately.
Tokenized Treasuries brought one of the world's deepest markets onchain. But while the assets moved at internet speed, the exit remained tied to traditional settlement timelines.
Basin changes that, with up to $1B in committed daily liquidity.
Whether holders wait now comes down to one thing: has their platform integrated Basin?
Doing for real-world assets what stablecoins did for payments.
Tap in.