In OTC derivatives, capital needs to move fast - but traditional systems don’t.
Wire transfers = delays.
Custodian layers = complexity.
That’s a big problem when your collateral is idle and markets move fast.
@nonco_otc needed a better way to move value.
The solution? Tokenized treasuries on Stellar.
Nonco used @FTI_US' BENJI token (a money market fund onchain) as collateral in a deal with SwapGlobal.
BENJI earns yield daily. It settled instantly. No extra accounting. No friction. Just capital that works harder.
This wasn’t just a faster transaction. It was a blueprint for tokenized collateral in global finance.
✅ Instant, low-cost settlement
✅ Transparent & traceable ledger
✅ Yield-bearing collateral
✅ 24/7 liquidity
Nonco is showing how to trade at the speed of now.