Flash News

TREE NEWS reports: Thirty-nine US state banking associations have joined forces to create the BankChain Alliance, with the goal of introducing a blockchain network by 2027. This initiative marks a significant step toward integrating blockchain technology into the traditional banking sector, potentially enhancing efficiency and security in financial operations.

TREE NEWS update: A coalition of 39 state banking associations has formed the BankChain Alliance to launch a blockchain network by 2027. The industry-owned network will support tokenized deposits, stablecoins, smart payments, and automated settlement, though a technology partner is still being selected.

TREE NEWS reports: The BankChain Alliance, a group of US banks, is collaborating to create a shared blockchain network aimed at providing smaller financial institutions with access to tokenized deposits and blockchain-based payments. The network is targeted for launch in 2027.

TREE NEWS update: Revolut has started rolling out its EURR stablecoin to selected customers in three countries, using Bridge as the issuing platform. Bridge reports €374 outstanding, compared with Circle’s EURC at €394.5 million, indicating a modest start for the new euro-pegged token.

TREE NEWS update: Coinbase and Better Mortgage have announced the general availability of Bitcoin-backed mortgages, following a pilot in June. This allows users to leverage their Bitcoin holdings as collateral for home loans, integrating crypto assets with traditional real estate financing.

TREE NEWS reports: The Dallas Federal Reserve reported that tokenized deposits could let customers move funds faster for higher yields, weakening bank funding stability. It estimates a 10% increase in deposit rate sensitivity could cut banks’ interest-rate risk capacity by about $700 billion, and a 10% shorter weighted average deposit maturity could reduce term transformation capacity by $580 billion. Unlike stablecoins, tokenized deposits are regulated and interest-bearing, but instant settlement, smart contracts, and AI may reduce deposit stickiness.

TREE NEWS reports: Dallas Fed researchers warn that a shift toward tokenized deposits, which are faster and more rate-sensitive, could pull up to $700 billion from bank lending. This would push banks into safer assets, constrain credit availability, and raise borrowing costs for consumers and businesses.

TREE NEWS reports: xStocks has launched five tokenized stocks on Hyperliquid’s spot market, marking a step in the convergence of traditional finance with decentralized trading. The move allows users to trade equities on-chain, expanding the RWA ecosystem within the Hyperliquid network.

TREE NEWS update: JPMorgan is reportedly evaluating the launch of its own stablecoin, according to sources. The move could signal major TradFi adoption of digital assets and impact the stablecoin market.

TREE NEWS reports: Coinbase announced that US borrowers can now use Bitcoin as collateral for mortgage down payments, integrating crypto into traditional real estate financing. The move aims to unlock liquidity from digital assets for home purchases.

TREE NEWS update: Taurus, a digital asset infrastructure provider, has connected its tokenization and custody platform to Swift’s blockchain ledger, enabling seamless interoperability between traditional finance and blockchain networks. This integration allows financial institutions to manage tokenized assets and digital securities through Swift’s existing infrastructure.

TREE NEWS reports: In a recent interview, Cobo co-founder Shenyu discussed AI’s role in lowering execution costs and empowering individuals, his investment philosophy centered on concentrated holdings in assets he truly understands, and his view that Bitcoin remains digital gold. He also highlighted the potential for AI agents to become primary users of blockchain ecosystems like Ethereum, and observed that RWA tokenization is still in early stages.

TREE NEWS update: Taurus, a digital asset infrastructure provider, is integrating its platforms with Swift’s blockchain ledger, enabling institutional clients to conduct DLT transactions. The company expects its first institutional clients to connect within days, with initial transactions occurring within weeks.

TREE NEWS reports: The Dallas Federal Reserve warned that tokenized deposits could reduce US bank lending capacity by up to $700 billion, as funds shift to stablecoins and tokenized assets. This highlights regulatory and financial stability concerns as RWA tokenization gains traction.

TREE NEWS update: 39 state bankers associations have joined forces to create the BankChain Alliance, aiming to launch by 2027. The alliance seeks to leverage blockchain technology for banking operations, marking a significant step toward institutional adoption of distributed ledger technology in the traditional banking sector.

TREE NEWS update: Japan’s FSA, Finance Ministry, BOJ and financial institutions plan to study blockchain infrastructure for securities cash settlement, aiming to produce a development plan by early 2027. This move could modernize Japan’s financial market infrastructure and potentially boost RWA tokenization.

TREE NEWS reports: Revolut has introduced a euro-pegged stablecoin, EURR, issued by Bridge, in three European markets. The token supports multiple blockchains and external wallets, with broader EEA availability planned later this year.

TREE NEWS update: Robinhood Chain’s RWA daily trading volume reached a record $85.1 million, with tokenized stocks contributing $66.6 million. This marks a significant milestone for the platform’s real-world asset tokenization efforts.

TREE NEWS update: As of August, cumulative top-ups via USDC and USDT stablecoin cards reached $13.8 billion, up nearly $10 billion over the past 12 months. USDC leads in tracked card spending, while USDT is catching up, with Base leading on-chain settlement at ~$1.2B. Circle renewed its USDC partnership with Coinbase under original terms, excluding dividend arrangements.

TREE NEWS update: Tom Lee, chairman of BitMine Immersion Technologies, said the company’s accumulation of nearly 5% of ETH supply is not the end, with a price target above $10,000 in 1-2 years driven by tokenization and AI demand. BitMine has bought ETH weekly for over 60 weeks, funded via equity and staking rewards, and plans to continue if institutions adopt ETH as a long-term asset.