This expansion forms part of RepoClear’s ongoing commitment to supporting market participants through expanded product coverage and increased balance sheet efficiencies
The platform’s overall ADNV for the month was US$1.078 trillion, up 17 per cent YoY and was noted as the second highest month on record after March 2026, which saw US$1.151 trillion
HSBC Continental Europe has been onboarded as a second agent member for the repo sponsored clearing ecosystem, with PGGM extending its activity on the platform
The firm says the initiative will allow for enhanced liquidity and collateral mobility, bridging the gap between digital securities and the core of European central bank money operations
Stablecoin infrastructure firm HIFI provided the cash leg of the transaction against US Treasuries supplied by trading platform DRW, while Marex acted as prime broker
The move aims to support the high-level opening-up of China's financial markets and facilitate the RMB liquidity management of overseas central banking institutions
The fund is Federated Hermes' first product designed to satisfy the requirements for eligible reserve assets that payment-stablecoin issuers are required to maintain under the GENIUS Act