Itaú Unibanco, Brazil’s largest bank, is reportedly considering the launch of its own stablecoin. This move could enhance digital transactions and boost the bank’s competitive edge in the rapidly evolving financial landscape of cryptocurrencies.
Circle, the issuer of USDC, is set to launch the stablecoin in Japan on March 26 through a strategic partnership with SBI Group. This move aims to enhance the Japanese market’s access to digital currencies, reflecting growing global interest in stablecoins.
Tokenized treasuries have achieved a remarkable milestone, reaching a market cap of $4.2 billion amidst a broader crypto correction. This growth highlights the increasing appeal of digital assets as investors seek stability and innovative financial solutions.
Crypto custodian Hex Trust has achieved a significant milestone by securing a Major Payment Institution (MPI) license in Singapore. This approval enables Hex Trust to offer a comprehensive range of digital asset services, bolstering Singapore’s position as a leading fintech hub.
MEET48 has officially announced the upcoming launch of Mars Protocol, set for Q1 2025. This innovative platform aims to revolutionize the idol industry by enabling AI-driven tokenization, offering fans unique opportunities to engage with their favorite idols.
CoinList is set to advance the decentralized physical infrastructure network (DePIN) market through a groundbreaking collaboration with U2U Network this Q4. This partnership aims to streamline and enhance the deployment of decentralized infrastructure solutions.
Financial institutions are poised to be the catalysts for the tokenization of real-world assets (RWAs), as they explore innovative solutions to enhance liquidity and efficiency. This transformative shift is projected to generate trillion-dollar growth by 2030.
Singapore is driving the commercialization of tokenization, aiming to revolutionize asset transfers. With a strategic focus on innovation, the nation is paving the way for tokenized assets to redefine traditional financial landscapes.
The U.S. Treasury Advisory Panel acknowledges the potential of tokenization but highlights the necessity of central control for its success.
The Central Bank of Brazil emphasizes the tokenization potential in front of the IMF and World Bank, signaling a significant shift in digital finance strategy.