Lynq partnered with Nonco on July 21 to provide institutional clients with round-the-clock stablecoin liquidity, eliminating operational constraints tied to traditional banking hours. The collaboration allows clients to convert tokenized fund shares (TFND) into stablecoins including USDT, USAT, RLUSD, and USDC at any time, bypassing the limitations of U.S. wire transfers that operate only during domestic banking windows. The partnership addresses a longstanding friction point for institutions operating in digital asset markets that trade continuously.
Lynq and Nonco Enable 24/7 Stablecoin Conversion for Institutional Clients
The agreement designates Nonco as a dedicated liquidity facility for Lynq, enabling clients to convert TFND into stablecoins such as USDT, USAT, RLUSD, and USDC—and back—at any time. Previously, Lynq accounts could be funded only through U.S. wire transfers, which are limited to domestic banking windows. The partnership removes this constraint by providing an always-on pathway between tokenized fund shares and transactional stablecoins.
Nonco Operates as Off-Platform OTC Liquidity Provider
In the initial phase, Nonco will operate as an off-platform liquidity provider, offering direct, bilateral OTC settlement for TFND holders. Clients will transfer TFND shares to Nonco's designated Lynq wallet, and Nonco's trading desk will remit the equivalent stablecoin at competitive market rates through secure, wallet-to-wallet settlement. Since the process occurs directly between clients and Nonco, Lynq said the service is available immediately and requires no platform changes.
Executives Highlight Infrastructure Alignment with Digital Markets
Jerald David, CEO of Lynq, said the move aligns institutional infrastructure with the nonstop nature of digital markets. "The digital asset economy never sleeps, and institutional infrastructure shouldn't either," David said. "This partnership with Nonco removes one of the last operational constraints facing institutional participants by giving them reliable, around-the-clock access to stablecoin liquidity."
Jeffrey Howard, partner and head of North America at Nonco, said the collaboration creates a seamless bridge between tokenized fund shares and transactional stablecoins. "Digital assets trade 24/7, but liquidity shouldn't stop when banks close," Howard said. "Together with Lynq, we're giving institutions an always-on pathway between tokenized fund shares and stablecoins, helping unlock faster settlement and more efficient capital deployment."
The companies said the partnership aims to accelerate settlement, increase transaction velocity, and deepen liquidity across global digital asset markets by providing an always-on exit path from cash-equivalent instruments into stablecoins.
FAQ
What did Lynq and Nonco announce on July 21?
Lynq and Nonco announced a partnership on July 21 to provide institutional clients with 24-hour access to stablecoin liquidity. The collaboration allows clients to convert tokenized fund shares (TFND) into stablecoins such as USDT, USAT, RLUSD, and USDC at any time, bypassing the limitations of U.S. wire transfers that operate only during traditional banking hours.
How does Nonco provide stablecoin liquidity for TFND holders?
Nonco operates as an off-platform liquidity provider, offering direct, bilateral OTC settlement. Clients transfer TFND shares to Nonco's designated Lynq wallet, and Nonco's trading desk remits the equivalent stablecoin at competitive market rates through secure, wallet-to-wallet settlement. The service is available immediately and requires no platform changes.
Why did Lynq partner with Nonco for stablecoin access?
Lynq partnered with Nonco to remove operational constraints tied to traditional banking hours. Previously, Lynq accounts could be funded only through U.S. wire transfers, which are limited to domestic banking windows. The partnership provides an always-on pathway between tokenized fund shares and stablecoins, aligning institutional infrastructure with the continuous nature of digital asset markets.
