Former Swift CEO Joins Stablecoin Yield Platform OpenTrade as Chairman

October 29: According to CoinDesk, former Swift CEO Lazaro Campos has joined London-based stablecoin yield platform OpenTrade as chairman. OpenTrade said it processed more than $1 billion in transaction volume over the past year; total value locked (TVL) on the platform currently stands at $300 million, up from more than $200 million in May. Founded in 2023, OpenTrade aims to help businesses offer USD- and EUR-denominated yields backed by real-world assets, and has raised $32 million in cumulative funding to date.