Integral launches the world's first stablecoin-based crypto prime brokerage service

ChainCatcher reported that digital asset technology provider Integral today announced the launch of PrimeOne, the world's first stablecoin-based prime brokerage platform for cryptocurrencies. PrimeOne is built on the Codex Layer-1 EVM blockchain and offers an integrated platform providing institutional-grade credit, trading, and net settlement services.

PrimeOne allows clients to trade with leading crypto market makers and trading platforms through a single account—eliminating the need to maintain multiple relationships across different venues. Clients benefit from faster market response times, a streamlined onboarding process (requiring only one AML/KYC check), and no need for credit lines. Unlike traditional models, PrimeOne’s on-chain infrastructure ensures clients always retain control over their assets.

As the value of open positions fluctuates, margin based on USD stablecoins flows automatically and in real time between counterparties’ wallets, virtually eliminating counterparty credit risk. Trading limits are dynamically set according to the margin balances held by PrimeOne participants. This model creates a comprehensive trading ecosystem, offering superior liquidity, increased operational efficiency, and significantly reduced capital requirements and credit exposure.

Launched at a critical time of accelerating institutional adoption, PrimeOne combines the resilience of institutional-grade infrastructure with the innovation of decentralized finance. By leveraging stablecoins and real-time margin transfers, PrimeOne can prevent defaults from spreading among participants, thereby building a more resilient and democratized credit network.