Expansion Toward Institutional-Grade Art Finance
Artu announced on December 12 that it has established a payment infrastructure for the US dollar stablecoin USDC.
Artu has adopted a stablecoin-based payment system to support safe and transparent purchases for global collectors, while also reducing restrictions caused by differences in national borders, exchange rates, and payment infrastructures.
This system has been implemented through integration with the XPLA Vault Wallet, which is based on the CONX mainnet participated in by Com2uS Holdings. Leveraging this, Artu provides real-time payment and settlement in USDC, as well as core features demanded by buyers such as transaction traceability, settlement without time differences, and exchange rate risk management through blockchain technology.
Artu plans to expand the stablecoin payment system beyond artwork purchases to encompass a wide range of real-world asset-backed financial services, including art funds and security token offerings (STOs).
A representative from Habitus Associates, the operator of Artu, stated, "In the global art market, payment infrastructure is a key factor in determining investor protection and market integrity," adding, "We will continue to advance our operational framework to institutional standards in order to vitalize the RWA-based art finance ecosystem."
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