According to CoinMeta, opentrade, a London-based stablecoin revenue company, announced that Lazaro Campos, the former CEO of swift, will assume the role of chairman to assist the company in expanding its business. The company disclosed that its trading volume over the past 12 months exceeded $1 billion, and the current total locked-up value reaches $300 million. opentrade completed a $17 million financing round in May, led by Mercury Fund and Notion Capital, with a cumulative financing amount of $32 million. The company provides infrastructure for fintech companies, exchanges, and digital wallets, supporting them in offering earnings denominated in US dollars and euros that are backed by real-world assets.