Algorand reaches a market-making partnership with XBTO

PANews August 28th news, according to the Algorand Foundation, Algorand has reached a cooperation with XBTO, a global digital asset manager. XBTO will provide market-making services for ALGO tokens 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 using Algorand high-performance blockchain to optimize USDC's transfer operations between custodial wallets and exchanges.