Grove Basin Enables First Instant On-Chain Redemption for Tokenized Treasury JTRSY
Grove Finance has completed the first live transaction through Grove Basin, providing immediate stablecoin liquidity against Janus Henderson Investors’ JTRSY tokenized Treasury product. On July 28, a holder initiated a redemption involving approximately $111,000 of JTRSY through Centrifuge and received USDC within the same on-chain transaction. The transaction moved Basin from a proposed liquidity facility […]