Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows. www.coindesk.com
Credit
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Ether.fi, the Ethereum restaking protocol, has put forward a governance proposal to replace the backend infrastructure of its crypto credit card, EtherFi …
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Plume, a blockchain platform for tokenized institutional assets, has launched the FALX Structured Credit Facility together with FalconX, a digital asset prime …
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Crédit Agricole (ACA), France’s second-largest bank by assets, unveiled a euro-pegged stablecoin, a rival to offerings from smaller peer Société Générale (GLE) …
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Smart Contracts
Strategy Could Sell Up to $1.25B of Bitcoin Under ‘Digital Credit Capital Framework’
by shayaanby shayaanIn short Strategy unveiled a ‘Digital Credit Capital Framework’ detailing the conditions under which the company could sell Bitcoin in the future. …
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Finance
Credit unions managing $25B in assets join stablecoin infrastructure program
by shayaanby shayaanStablecore, a digital asset infrastructure provider for financial institutions, has launched an early-access program for US credit unions, a move aimed at …
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Adoption
STRC and SATA could open a $3 trillion digital credit market, says Matt Cole
by shayaanby shayaanBitcoin-linked preferred stocks STRC and SATA have entered the spotlight after Strive CEO Matt Cole projected a $3 trillion digital credit market …
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Markets
Strive says digital credit selloff was a liquidation event, not a credit crisis
by shayaanby shayaanA sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals …
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Markets
Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
by shayaanby shayaanMatt Cole says forced selling from leveraged investors pushed STRC and SATA sharply lower before both rebounded. www.coindesk.com
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The ratings giant is embedding credit scores directly into blockchain-based securities, a move aimed at boosting institutional adoption. www.coindesk.com