Tassat Group, Inc. announced on Tuesday that it has secured a U.S. patent for its on-chain Yield-in-Transit (YIT) technology, marking an advancement in programmable interest-bearing settlement infrastructure. The patent is part of Tassat’s mission to modernize financial transaction systems for regulated institutions and supports the company’s role in allowing Lynq to deliver end-to-end integrated interest-bearing settlement at scale. Developed in collaboration with Arca Labs and tZERO Group and launched ...

Blockchain payments provider Tassat Group has received a U.S. patent for its onchain “yield-in-transit” (YIT) technology, which enables interest to accrue continuously through the moment ownership changes during settlement, the company said in a press release Tuesday. The New York-based firm said the patented approach covers intraday accrual and distribution of on-chain interest in high-velocity, always-on settlement environments, aiming to remove ambiguity around who earns what yield and when. “Securing ...