Pre-funded workflow validates stablecoin settlement on Lynq in phase one of the collaboration
New York, NY
Lynq, the institutional settlement network for digital asset markets, and The Better Money Company (TBMC), the stablecoin clearinghouse, today announced the completion of a live proof of concept demonstrating institutional settlement in minutes.
In the proof of concept, TBMC converted a client’s assets held on Lynq, into RLUSD, completing the settlement in a few minutes.
The proof of concept used live production accounts, real institutional counterparties, demonstrating that stablecoin settlement can execute in minutes bypassing traditional banking windows and that interest on assets continues to accrue while it is held during settlement.
To calculate this interest, Lynq leverages Tassat’s Yield in Transit™ functionality, which determines accrued interest based on asset holding duration, keeping interest intact throughout settlement.
Sam Broner, Founder and CEO of The Better Money Company, said, “Stablecoins become meaningful institutional infrastructure when firms use them within real settlement workflows. This proof of concept shows how stablecoin fragmentation can be solved through onchain collateral movement without relying on credit and traditional bank settlement to bridge the process. TBMC makes it simple for firms to begin and end stablecoin settlement in the stablecoin they need, at par.”
Jerald David, CEO of Lynq, said, “Institutions have never lacked capital. What they have lacked is the ability to move it, in the right form, to the right place, at the moment it is needed. This proof of concept is small by design, but it answers a real question: can a digital dollar settle between institutions in minutes, with no credit facility standing in for speed. It can. Settlement is the layer everything else in this industry is eventually going to be judged by. ”
The proof of concept forms part of Lynq’s broader stablecoin strategy to connect creation, redemption, settlement and capital movement into more integrated institutional workflows. Native stablecoin support on the Lynq platform is currently targeted for the end of 2026.
About Lynq
Lynq is a broker-dealer-operated settlement network for institutional digital asset markets. The network enables institutions to move capital, settle with counterparties and manage funding and collateral across connected workflows, while integrating with existing institutional infrastructure. Lynq enables the delivery of interest on assets used in settlement workflows and uses Tassat’s Yield in Transit™ functionality to support interest calculation during the holding period.
For more information, please visit https://lynq.network.
About The Better Money Company
Stablecoins are better money, yet key structural challenges stand between where we are today and the next wave of adoption. The Better Money Company is here to solve them. We’re building the infrastructure for the next era of money, starting with a stablecoin clearinghouse that enables swapping and redemption at par, powered by direct issuance and settlement capability. From there, we’ll expand into products and tools that help partners unleash the full potential of reliable stablecoins. We believe every business should be able to own its payments stack, operate more efficiently, and build superior products using better money, and we’re making that possible. Learn more at bettermoney.com.
