Zodia Markets, the digital asset exchange and brokerage backed by Standard Chartered Bank, is pleased to announce that its Chief Operating Officer and Co-founder, Nick Philpott, has joined the Stablecoin Standard Advisory Board. Zodia Markets recognises the potential operational efficiency associated with stablecoins – empowering institutions to streamline cross-border transactions, enable instant settlements and reduce costs through embracing the transformative potential of blockchain technology.
Stablecoin Standard is a global industry body for stablecoin issuers, providing a shared voice to engage with external stakeholders and promote the acceptance of stablecoins through education and shared initiatives. The Advisory Board comprises industry experts from all corners of the stablecoin ecosystem.
Ramy Soliman, Policy Lead and Co-Founder at Stablecoin Standard, shared: “A key hurdle to overcome for the mass adoption ofstablecoins and cryptocurrencies in general is demonstrating credibility and integrity to TradFi participants. Stablecoin Standard is delighted to have Nick’s experience and expertise to assist Stablecoin Standard build best practices and execute on collective use cases. Additionally, the support of a TradFi backed venue to the body, with a view to getting FX pairs trading on chain brings many benefits for the ecosystem.”
Nick Philpott, Chief Operating Officer and Co-Founder at Zodia Markets, commented: “I look forward to contributing Zodia Markets’ collective experience to a shared goal of establishing standards of best practice across the stablecoin ecosystem. Stablecoin Standard will bring education, thought leadership, and awareness of the tangible benefits and practical applications of stablecoins.”
Zodia Markets’ is an institution-first digital asset marketplace whose mission is to make the unfamiliar, familiar. As an FCA registered business, backed by Standard Chartered, Zodia Markets is the trusted institutional trading partner for corporations, institutions and professional investors who want to trade in digital assets, but who don’t want to compromise on the standards and principles associated with traditional finance. Zodia Markets is backed by SC Ventures, the innovation and ventures unit of Standard Chartered Bank, and BC Technology Group, Asia’s leading digital asset company and parent of SFC-licensed digital asset platform OSL.