Custodia Launches Bank-Issued Stablecoin on Ethereum
Custodia Bank, working with Vantage Bank, completed the tokenization of dollar-demand deposits with the issuance of its Avit stablecoin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Robinhood CEO Vlad Tenev predicts global tokenization supercycle as company launches its own blockchain
Robinhood's blockchain move could democratize global finance, but regulatory challenges may hinder the tokenization supercycle's m...
Visa Seeks New Stablecoin Settlement Partner After Mastercard Buys Payments Firm BVNK
Visa is taking bids for a new stablecoin settlement partner after Mastercard bought the firm that had been filling the role, accor...
Bank of Russia Lets Brokers Count Crypto as Capital. Anything Off-List Is Treated as 100% Risk
The central bank's draft rules recognise digital currencies as capital, but treat anything outside its approved perimeter as pure...
U.S. Treasury Unveils GENIUS Act Stablecoin Rules With 2027 Licensing Deadline Ahead
Key Takeaways: The Treasury proposed rules to implement the GENIUS Act for payment stablecoins. U.S. issuers will typically have t...
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised...
Ethereum’s 12-GPU proving problem just got a 4-GPU answer
ZisK's new four-GPU benchmark claim has lowered the headline hardware count in Ethereum's real-time proving race. In February, Cry...