$XDC - #XDCNetwork Breaking News Agencies are joining the network!
"XDC Network Partners with Archax, Abrdn, State Street, Fidelity and BlackRock to Launch First Four Money Market Fund Tokens, Money Market Funds are Now Tokenized on the XDC Network"
@BrazaBank
Launching BBRL stablecoin on XRP Ledger: https://t.co/MaTBgLEdgB BBRL
Pegged to the Brazilian Real, providing secure and efficient digital transactions for Brazil and South America
Volume keeps hitting the ceiling, but at least we find buyers there. Coinbase’s hourly volume hits an all-time high. Coinbase’s price even fell back to $2.70
Just over a month after RLUSD was listed on centralized exchanges, total trading volume exceeded $3.02 trillion, with trading volume reaching $2.84 trillion in January alone.
$BTC is worth ~$2 trillion.
$ETH is worth ~$400 billion.
$SOL is worth ~$100 billion. These numbers are pretty staggering considering $BTC was worth ~$3 billion less than 10 years ago.
Bitwise CEO Hunter Horsley pointed out in an article that there are about 58 million millionaires in the world, and the total amount of Bitcoin can only allow one-third of them to hold one each. Considering that the actual circulation is far less than 21 million, as Bitcoin enters the mainstream market, its scarcity will become more significant.
Let’s hope these principles won’t need repeating in 2025 and beyond:
1.The SEC only has jurisdiction over security transactions.
2.Selling a gold bar with a contractual right, title, or interest in my gold mine? Likely a security transaction.
3.Selling that same gold bar without post-sale rights or obligations? Just an asset sale—the SEC can’t police it.
4.The SEC’s reach doesn’t expand based on a self-serving view of who it thinks is more ‘deserving’ of disclosures.
5.A token is never a security, although it can be the subject of a security transaction.
6.The notion that a token can ‘evolve’ from a security to a non-security is a made-up fallacy with no footing in the law.
Pierre PERSON, founder of decentralized RWA stablecoin protocol Usual, Yoko, head of growth, and TN, founder of Pendle, will be guests in the official Space live broadcast room of BlockBeats at 9 pm tonight to discuss and share on the topic of "Can Usual+Pendle reproduce the glory of stablecoin returns?" and explore new opportunities in the RWA track.
Online lender K Bank Co. has withdrawn its more than $700 million initial public offering in Seoul, citing concerns about high valuations and reliance on funding from cryptocurrency operators. K Bank said in a regulatory filing on Friday that it failed to generate sufficient demand for the listing during a recent subscription process.
Anduro, a multi-chain L2 network incubated by mining company Marathon Digital Holdings (MARA), has partnered with tokenization platform Vertalo to develop Avant, a project for issuing and investing in real-world assets (RWA) on Bitcoin. They will tokenize whiskey barrels in a pilot project.