Deutsche Börse’s DAX 40 xStocks inherit liquidity from conventional equity markets. A €100,000 SAP example shows where tokenization adds costs and why distribution may determine who pays them.
Why is NYSE connecting to transfer agents while Morgan Stanley is buying one? Securitize’s businesses reveal what pays across five layers of digital transfer-agent revenue.
Morgan Stanley is using DTCC’s Tokenization Service. We examine what is live, what margin and financing workflows require, and where Treasuries and equities could deliver commercial value.
PNC’s pilot converts incoming USDC payments into dollars and credits them to clients’ bank accounts. Coinbase powers payment acceptance while PNC keeps the deposit and treasury relationship.
The OCC has removed its proposed third-party yield presumption, not the issuer yield ban. We examine what that means for rewards, revenue sharing and competition from tokenized bank deposits.
Samsung, Coinbase and Bastion are bringing USDC to Samsung Wallet, potentially reaching 82 million eligible Galaxy devices in the US. The integration will enable consumers to hold digital dollars, transfer USDC internationally and send funds to local bank accounts in more than 60 countries. Meanwhile, Allium reports $43 billion in stablecoin payroll and $37 billion in remittances during the first eight months of 2026.
Stablecoins can move £50 million across borders in seconds, but that doesn't guarantee usable liquidity in a corporate bank account. Our £50M Treasury Test examines how stablecoins, tokenized deposits, Mastercard Move, Swift and Fnality address the gap between 24/7 settlement and fiat availability, who bears the liquidity costs, and where the commercial value lies.
Open USD is testing a different stablecoin playbook. Stripe, Visa, Mastercard, Coinbase and Shopify are committing $1B+ of initial liquidity while sharing reserve economics with the businesses driving adoption.
Crypto exchanges are evolving into multi-asset financial infrastructure. Explore the implications for wealth managers, traditional brokers and neobanks...
