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Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement…
BNY has added USDC mint and burn capabilities to its Digital Asset Custody platform, giving institutional clients a direct path between U.S. dollars and Circle’s stablecoin without leaving the bank’s…
Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s…
U.S. banks held $325.1 billion in unrealized losses on their investment securities at the end of the first quarter of 2026, according to the Federal Deposit Insurance Corporation. The figure…
State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing…
Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows…
Japan’s three largest banks announced plans Wednesday to jointly issue a yen-pegged stablecoin and begin live commercial transactions before March 2027, a direct move to build domestic digital payment rails…
SBI Shinsei Bank will let depositors earn bitcoin, ether, or XRP vouchers worth 20% of their interest payments starting June 10, 2026, in what the Nikkei reports as one of…
A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC…
The largest U.S. banks are reportedly planning a joint tokenized deposit network set to launch in 2027, positioning regulated bank money directly against stablecoins. Banks Pool Resources Through The Clearing…