Tassat Secures U.S. Patent for ‘Yield-in-Transit’ On-chain Settlement Technology

Core Insights - Tassat Group, Inc. has secured a U.S. patent for its Yield-in-Transit (YIT) technology, enhancing programmable interest-bearing settlement infrastructure [1] - The YIT technology aims to modernize financial transaction systems for regulated institutions and supports Lynq in delivering integrated interest-bearing settlement [1][2] Group 1: Technology and Innovation - The YIT technology facilitates intraday accrual and distribution of on-chain interest, addressing challenges in high-velocity settlement environments [3] - By enabling interest distribution based on the duration assets are held, the YIT model eliminates ambiguity and inefficiencies associated with traditional settlement processes [3][5] - Tassat's patent validates its innovation in tokenization and real-time programmable settlement platforms, potentially transforming capital efficiency for digital asset institutions [4] Group 2: Market Impact and Applications - YIT ensures that liquidity remains productive throughout the settlement process, allowing on-chain assets to generate continuous returns [5] - The technology opens avenues for features like collateral pledging, delivery vs. payment, and stablecoin reserve management [6] - The real-time impact of YIT is being demonstrated within Lynq's institutional network, allowing users to accrue on-chain intraday interest and receive same-day distributions [6][7]