RWAs continue to experience growth led by tokenized U.S. Treasuries. BlackRock’s boasts a market value of over $500 million. The market value of on-chain real-world assets (RWAs), excluding stablecoins, continues to rise, representing continued investor interest in blockchain-based tokenization of traditional assets. Currently, total RWAs are worth more than a …
fintech
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England’s High Court of Justice ruled that Tether’s USDT stablecoin is property. The ruling comes as the government proposes a new classification of property that would specifically cover cryptocurrencies. The High Court of Justice for England and Wales said Tether’s USDT stablecoin, the largest by market cap, can be considered …
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Digital asset manager Grayscale today launched a new trust giving investors exposure to XRP, the seventh biggest cryptocurrency by market cap and the coin created by the founders of payments platform Ripple. In a Thursday announcement, Grayscale said that it believed the asset had the “potential to transform the legacy …
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Fintech bank Nubank has announced the suspension of trading for its cryptocurrency, Nucoin. This comes against a backdrop of scrutiny over the bank’s financial stability. Nubank’s Policy Change In a September 10 blog post, Nubank disclosed that effective immediately, Nucoin can no longer be bought or sold within its app. The …
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Paxos, a leading tokenization platform, will integrate Arbitrum, marking its first foray into the Ethereum layer-2 ecosystem, according to a Sept. 10 statement shared with CryptoSlate. This move aims to streamline institutional integration on Arbitrum for on-chain tokenization of real-world assets. Using Arbitrum, Paxos will tap into Ethereum’s liquidity, benefiting …
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As restaking continues to gain momentum, it is reshaping the security landscape of decentralized networks, offering innovative solutions to overcome the limitations of traditional Layer 1 blockchains and paving the way for broader adoption across the industry. This year, the restaking sector evolved from an emerging concept to a significant …
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The existing copy trading model suffered from pain points including misaligned incentives and unsustainable returns. Woo X wants to reduce the pressure on lead traders to always outperform the market with the introduction of a countertrade feature. Traders Are ‘Valuable Resource’ for Crypto Market: Analyst Coinbase Phasing Out ‘Coinbase Pro’ …
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Crypto holders in Europe will now be able to spend their crypto almost anywhere from the safety of their self-custodial wallets thanks to a new payment card from Mastercard. Mercuryo, a fintech platform for web3 firms, announced its collaboration with the payments provider on Thursday to launch “Spend” – a …
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Crypto payments firm Mercuryo has released a Mastercard debit card for crypto holders in Europe. The virtual payment method, called Spend, enables users to turn their crypto holdings into fiat to make purchases at more than 90 million merchants in the Mastercard network, Mercuryo said in a statement on Thursday. …
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The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank’s trigger solution for settlement. The issuance was part of a European Central Bank’s trial to settle central bank money on blockchains. Inside Trump’s Crypto Project; Ripple’s Upcoming Stablecoin To Launch in ‘Weeks’: Garlinghouse Crypto Saw Lowest …