U.S. state banking associations plan to launch their own nationwide blockchain network
The “BankChain Alliance” is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system’s regulatory sphere.
Plan
SBI’s Coinhako deal advances plan for Asia’s first digital asset empire
“The real prize is the yen side of onchain settlement, one of the most strategic positions in Asian finance over the coming decade, and that is exactly what SBI is building toward,” he added. One technical limitation remains. JPYSC does not yet support withdrawals to… Read More
How big banks plan to capture a quadrillion-dollar market
“If we don’t have a euro on the blockchain, the banks will use the dollar because it’s there, it’s available and it has a lot of liquidity,” Sell told CoinDesk. Rather than each bank issuing its own euro stablecoin, Qivalis is encouraging them to work… Read More
How Stellar (XLM) became part of DTCC’s plan to bring securities onchain
DTCC’s decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back nearly a decade, according to Stellar Development Foundation CEO Denelle Dixon. Earlier this week, DTCC said tokenized assets held through its… Read More
AI tokens rally after Nvidia open-source agent plan, beat CoinDesk 20
Cryptocurrencies linked to artificial intelligence, such as Bittensor’s TAO, NEAR Protocol, Internet Computer, and others rallied after Wired reported that Nvidia is preparing a new open-source platform for autonomous AI agents, a concept similar to the OpenClaw framework, ahead of its annual developer conference. The… Read More
Aave labs proposes ‘Aave Will Win’ plan to send 100% of product revenue to DAO
Aave Labs has introduced a new governance proposal that would shape the next chapter of one of crypto’s largest lending platforms, and send all revenue from Aave-branded products back to its community treasury. The proposal, called “Aave Will Win,” asks the Aave DAO to approve… Read More