J.P. Morgan’s JLTXX tokenized money market fund recently recorded the largest increase in market cap among tokenized U.S. Treasury funds over the …
Cap
-
-
Markets
Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors
by shayaanby shayaanWhile citizens still cannot use Bitcoin to buy groceries, the Kremlin is officially letting companies use digital tokens to bypass sanctions and …
-
The global market capitalization of tokenized stocks rose to a record $2.3 billion on Wednesday, as more investors sought exposure to blockchain-based …
-
DeFi
Cap ‘stabledrop’ U-turn sees cUSD drop $23M, founder denies self dealing claims
by shayaanby shayaanCap Labs, issuer of cUSD, is in damage control mode following an unpopular u-turn on its long-anticipated “stabledrop” program. Announced on Friday, …
-
Markets
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
by shayaanby shayaanThe market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely …
-
Finance
Total Stablecoin Cap Falls $1.9 Billion This Week While Sky Dollar Leads the Slide
by shayaanby shayaanThe total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven days, a drop of $1.911 billion, according …
-
Markets
Tether Briefly Overtakes Ethereum As Stablecoin Market Cap Tops ETH During Sell-Off
by shayaanby shayaanTether briefly overtook Ethereum by market capitalization on June 26, according to the validated discovery pack, as ETH sold off into the …
-
Regulation
Bank of England eases stablecoin rules, introduces 40-billion-pound issuance cap
by shayaanby shayaanThe Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated pound-backed stablecoins …
-
The Bank of England has softened its proposed framework for systemic sterling stablecoins, dropping individual holding limits and replacing them with a …
-
South Korean memory chip maker SK Hynix has pulled off something only one other domestic company has ever managed. Its market capitalisation …