BNY launches money market fund to hold reserves for US stablecoin issuers
Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys.
Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys.
Original source
Read on CointelegraphRelated market context
Kalshi launches $HYPE perpetuals, becoming first regulated platform to list Hyperliquid-native perp
Kalshi's move into regulated DeFi-native perps could shift institutional interest towards compliant crypto derivatives, impacting...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
SpaceX joins wave of mega fundraises that could reshape tech and crypto markets
The mega fundraises could shift capital from crypto to tech IPOs, impacting liquidity and setting new precedents for corporate cry...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
The Material Holding America Together Is Disappearing. AetherStrike Tokenized It.
Most real-world asset projects in crypto tokenize what is already liquid: treasuries, money-market funds, gold. AetherStrike picke...