Latest updates, press releases, and insights from the volatile world of digital assets.
A Bank for International Settlements working paper finds that even small increases in U.S. bank deposit rates are associated with reduced growth in the market capitalization of reserve-backed stablecoins over subsequent weeks
The companies will enable enterprise customers to issue payment cards funded by stablecoin balances, with 24/7 funding and global merchant acceptance
Jeonbuk Bank begins offering won-denominated loans secured by Bitcoin to corporate clients, marking the country’s first such bank product under new enforcement rules
Evernorth, a Ripple-backed XRP treasury company, has finalized its business combination with Armada Acquisition Corp. II, creating a public company with approximately 473 million XRP and $300 million in cash
The National Bank of Kazakhstan, Tether and Alatau City Authority signed an MoU on October 7 to examine a local-currency stablecoin pilot and real-world asset tokenization
Plume Network has introduced nBND, a tokenized vault primarily reserved with shares of Fidelity’s actively managed Total Bond ETF, expanding on-chain fixed-income options beyond short-term Treasuries
Physically backed gold ETFs drew the second-largest monthly inflows on record in August, while China’s central bank extended its buying streak with a 20.2-tonne purchase
OFAC blocks the shadow banking operation and its ruble-backed token while FinCEN proposes a ban on related fund transfers after tracing more than $17 billion in activity
Fiserv has activated its digital asset platform for financial institutions, starting with Roughrider Coin for more than 90 North Dakota banks and credit unions
European issuer expands multi-currency suite with dollar-pegged token backed by segregated reserves, targeting institutional trade and payments under EU rules
