PANews August 28 news, according to the Algorand Foundation, Algorand has reached a cooperation with the global digital asset management institution XBTO. XBTO will provide market-making services for the ALGO token and enhance the liquidity and transfer efficiency of the stablecoin USDC. XBTO will provide continuous liquidity support for ALGO on primary and secondary exchanges while utilizing Algorand's high-performance blockchain to optimize the transfer operations of USDC between custodial wallets and exchanges.