Tether mints $1 billion USDt on Tron, pays zero fees — Arkham
    16 Nov 2024
    51 Views

    Tether minted $1 billion in USDt stablecoins on the Tron network and paid no fees for the large transaction, according to data from onchain analytics firm Arkham Intelligence. The analytics platform highlighted the Nov. 14 transaction from a “black hole address” on Tron to Tether’s multisignature wallet beginning with the characters “TBPxh.” Onchain records also show that…

    Financial institutions will drive RWA tokenization’s trillion-dollar growth
    16 Nov 2024
    67 Views

    Financial institutions will be the main drivers of the growing tokenization industry leading up to 2030, which could potentially see more than 50-fold growth. Real-world asset (RWA) tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities around these assets. Large financial institutions will be the…

    EU regulator sets restrictive measure guidelines for crypto providers
    16 Nov 2024
    104 Views

    The European Banking Authority (EBA), Europe’s regulatory agency in charge of addressing weaknesses in the banking sector, published two sets of guidelines, including a specific guide for payment service providers (PSPs) and crypto-asset service providers (CASPs). On Nov. 14, the EBA released guidelines that specify what PSPs and CASPs must do to comply with the European Union’s…