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Tenbin Mexican PesoTMXN

Rank #3603
$0.0536— in 24 hours

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About Tenbin Mexican Peso

Please refer to our tGLD application for our answer! We are an asset issuer, so we are launching a broad platform for RWAs.

Tenbin Labs is building a new tokenized asset issuance protocol for Real World Assets (RWAs). We're starting with a focus on FX stables, gold, and commodities. Our design creates a new class of on-chain assets that are yield-bearing, readily swappable, liquidatable, and composable across the DeFi ecosystem. We will enable assets like gold to be yield-bearing and liquid on-chain for the first time, while unlocking on-chain FX carry trade strategies across BRL, JPY, CHF, and other currencies.

Backed by $7 million from top-tier venture funds and market makers, we’re building a system where the marginal cost of issuing new assets and creating new on-chain capital markets approaches zero. As a result, users can easily diversify their exposure into a range of asset classes without liquidity and structural constraints. Tenbin Labs' vision is for tokenized assets to provide more utility than their off-chain counterparts (i.e. tokenized asset >>> off-chain asset).

Categories: Ethereum Ecosystem, Real World Assets (RWA), Tenbin Ecosystem.

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