M^ZERO will allow crypto institutions to issue decentralized stablecoins backed by U.S. Treasury bonds and has received $22.5 million in financing

Odaily News M^ZERO will allow crypto institutions to issue decentralized stablecoins backed by U.S. Treasury bonds. (CoinDesk) According to previous news, M^ZERO is a decentralized infrastructure layer for digital asset value transfer. It has completed a seed round of financing of US$22.5 million. Pantera Capital led the investment, Road Capital, AirTree, Standard Crypto, SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Earlybird and Mouro Capital participated in the investment.