Lynq, a settlement network, is working with Nonco, a digital asset company, to give its institutional clients access to stablecoins around the clock. This partnership aims to speed up transactions and improve how quickly deals are finalized by eliminating delays that often happen on weekends or outside of regular business hours.
Key Takeaways
- Lynq partnered with Nonco on July 21 to give institutional clients round-the-clock stablecoin liquidity.
- Clients can convert TFND shares into USDT, USAT, RLUSD or USDC 24 hours a day, bypassing U.S. wire limits.
- Nonco will initially operate off-platform, offering OTC settlement with no required Lynq software updates.
Eliminating Operational Constraints in Digital Markets
The interest-bearing settlement network, Lynq, announced July 21 that it has entered a strategic partnership with digital asset firm Nonco to give institutional clients 24-hour access to stablecoin liquidity and expand funding options beyond U.S. wire transfers and traditional banking hours.
This agreement designates Nonco as Lynq’s primary source of liquidity. This means Lynq’s clients can instantly convert their tokenized fund shares (TFND) into popular stablecoins like USDT, USAT, RLUSD, and USDC, and then convert them back, whenever they need to. Before this, the only way to fund a Lynq account was through U.S. wire transfers, which were restricted to standard banking hours within the United States.
According to Jerald David, CEO of Lynq, this change will modernize financial systems to keep pace with today’s always-on digital marketplaces.
As a crypto investor, I’m always hearing about how institutions are slowly entering the space. What’s exciting is seeing solutions that actually make it easier for them. Apparently, this new partnership between David and Nonco aims to do just that – provide constant, 24/7 access to stablecoin liquidity. Basically, they’re removing a major hurdle that was preventing bigger players from fully getting involved, which could be huge for the market.
Jeffrey Howard, a leader at Nonco, explained that this partnership will smoothly connect digital ownership of fund shares with widely-used stablecoins for everyday transactions.
Even though digital assets are traded around the clock, institutions shouldn’t face limitations when banks are closed, explained Howard. By partnering with Lynq, they’re creating a continuous connection between digital fund shares and stablecoins, which will speed up transactions and make capital allocation more effective.
To start, Nonco will act as a direct provider of funds, allowing TFND holders to easily trade their shares for stablecoins. TFND holders will send their shares to a specific digital wallet belonging to Nonco, and Nonco will then send the equivalent amount in stablecoins at current market prices directly back to their wallet. Because this happens directly between Nonco and the customer, Lynq says this service is available right away and doesn’t require any changes to the existing platform.
Lynq and Nonco have partnered to solve a common problem for financial institutions: the difficulty of transferring funds outside of regular banking hours. Their solution offers a way to instantly convert cash-like assets into stablecoins, which should speed up transactions, improve how quickly money moves through digital asset markets worldwide, and make those markets more liquid.
2026-07-22 09:58