Lynq and Nonco Collaborate to Expand Stablecoin Liquidity for Institutional Holders of Tokenized Fund Shares
Key TakeawaysLynq partnered with Nonco on July 21 to give institutional clients round-the-clock stablecoin liquidity.Clients can convert TFND shares into USDT, USAT, RLUSD or USDC 24 hours a day, bypassing U.S. wire limits.Nonco will initially operate off-platform, offering OTC settlement with no required Lynq software updates. Eliminating Operational Constraints in Digital Markets The interest-bearing settlement network, Lynq, announced July 21 that it has entered a strategic partnership with digital asset firm Nonco to give institutional clients 24-hour access to stablecoin liquidity and expand funding options beyond U.S. wire transfers and traditional banking hours. The agreement makes Nonco a dedicated liquidity facility for Lynq, allowing clients to convert tokenized fund shares (TFND) into stablecoins such as USDT, USAT, RLUSD and USDC — and back — at any time. Previously, Lynq accounts could be funded only through U.S. wire transfers, which are limited to domestic banking windows. Jerald David, CEO of Lynq, said the move aligns institutional infrastructure with the nonstop nature of digital markets. “The digital asset economy never sleeps, and institutional infrastructure shouldnt either,” David said. “This partnership with Nonco removes one of the last operational constraints facing institutional participants by giving them reliable, around-the-clock access to stablecoin liquidity.” Jeffrey Howard, partner and head of North