The Algorand Foundation has announced a strategic partnership with XBTO, a global digital asset management firm, to enhance market-making services for the ALGO token and improve USDC liquidity. Under the agreement, XBTO will provide continuous liquidity support for ALGO across primary and secondary exchanges, ensuring efficient trading and price stability.
Additionally, XBTO will utilize Algorand's high-performance blockchain to optimize the transfer efficiency of USDC between custodial wallets and exchanges. This collaboration aims to strengthen the ecosystem by improving the liquidity and operational efficiency of both ALGO and USDC.
Algorand Partners with XBTO to Boost ALGO and USDC Liquidity
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