The token's price action is driven partly by Coinbase considering BNB for a listing and China Merchants Bank International tokenizing a MMF on the BNB Chain.
The proposed rule change relies on Nasdaq's vague understanding of how the Depository Trust Company (DTC) would handle post-trade settlement for these tokens.
The restriction on paying interest to stablecoin users looks easy to circumvent, argues EY’s Paul Brody. So why not just let stablecoin providers pay interest the same as any bank would?
The traditional corporate playbook risks not only underperformance, but a breach of fiduciary duty as cash reserves bleed away on the altar of money-printing, argues Musqet founder David Parkinson.
Stellar Lumens (XLM) slid 6.25% amid heavy institutional liquidation, even as the network’s latest protocol upgrade strengthened its enterprise-grade transaction capabilities.
Hedera’s native token faced sustained downward momentum over the past 24 hours, testing key support near $0.16 amid heightened trading activity and persistent bearish sentiment.
Arthur Hayes’ Maelstrom family office is launching a private equity fund targeting infrastructure and analytics firms in crypto, aiming for $250 million in capital.
Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, according to a story in Nikkei.