The European Central Bank (ECB) has announced the launch of Pontes, a tokenized finance project, in the third quarter of this year. The initiative, revealed by ECB Executive Board member Piero Cipollone, aims to connect distributed ledger technology (DLT) platforms used in financial markets with TARGET Services, the Eurosystem’s existing payment infrastructure. The core objective
Circle minted around $5 billion worth of $USDC over the past week, according to on-chain data. This comes in when the demand for dollar-backed stablecoins continues to grow. The surge in issuance has caught traders’ attention because large $USDC mints can signal that more liquidity is preparing to enter crypto markets. However, the process of
Investors who put $1,000 into Nvidia (NASDAQ: NVDA) stock two months ago have gained about $109 ahead of the company’s highly anticipated earnings release. Notably, Nvidia shares rose from $192 on June 26 to $213 by press time on August 26, delivering an 11% return despite recent volatility in the stock. At the current price,
On the 1st of September, major telecom firms and e-commerce businesses in Russia will introduce the digital ruble which will be a step further in promoting the state-supported currency in daily transactions while preventing the adoption of cryptocurrencies. Moscow takes a solid stance in the world of cryptocurrencies. The country allows investment and transactions involving
Zerohash submitted a second application for a U.S. national trust bank charter on Aug. 19, approximately one month after the Office of the Comptroller of the Currency returned its original filing. The OCC’s record lists the proposed institution as Zerohash National Trust Bank. It would be based in Asheville, North Carolina, and operate under a
Taking to X, Circle announced on August 26, 2026, that LuLu Financial Holdings (LFH) has reduced cross-border settlement costs by 25% to 30% as it has adopted $USDC and Circle Mint for remittance flows across the GCC, MENA and APAC regions. Circle and LuLuFin also reported a 40% rise in settlement volume and beneficiary crediting
Tokenized deposits could reduce U.S. banks’ capacity to hold long-term interest-rate risk by about $700 billion if they make depositors 10% more sensitive to rates. That’s according to estimates from two Dallas Fed economists. A separate scenario found that if tokenization causes deposits to leave banks 10% sooner, banks could lose about $580 billion of
Nvidia reports second-quarter results after the US market closes on Wednesday night with Wall Street expecting a record quarter. The harder test is whether the chipmaker can clear a bar that several bullish analysts have pushed well above consensus. FactSet expects revenue of about $92.3 billion and adjusted earnings of $2.09 a share. KeyBanc analyst
Anthropic is preparing to show investors a market of more than $30 trillion as the Claude maker gets closer to going public. That would put its estimate ahead of SpaceX’s $28.5 trillion figure. As per the Wall Street Journal, it is not just a target for revenue but a total addressable market, or TAM, which