Odaily Planet Daily News According to official news, the distributed stable currency project Hope.money announced that it has reached a custody technology solution cooperation with Cobo, a leader in digital asset custody solutions.
This cooperation is an important milestone in the construction of Hope.money's distributed reserve network. Previously, Hope.money had selected Coinbase Custody as its first digital asset custodian.
The partnership also allows Hope.money to explore the possibility of including stETH in its reserve pool. Under the custody of Cobo Argus, HOPE minters can pledge ETH and obtain stETH which can be used as HOPE reserve assets. This process allows users to enjoy the native benefits of ETH while casting HOPE, thereby reducing the opportunity cost of casting. The partnership with Cobo will ensure greater benefits for all parties in the HOPE ecosystem.