Tether’s Reserve Buffer Doubles to $7.95B as Q3 Profit Stays Flat at $1.5B
Tether's reserve buffer nearly doubled to $7.95B last quarter while operating profit held flat at $1.5B, a gap the report doesn't fully explain.
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RWA news archive
Browse saved tokenization headlines from the RWA Foundation news archive. Each headline links to its original publisher.
NYSE Owner Plans Hyperliquid Perpetuals Market in US
Bloomberg reports that NYSE owner Intercontinental Exchange plans a US market for Hyperliquid-based perpetual futures.
Walmart-backed OnePay now lets users deposit USDC straight into checking
Walmart-backed OnePay now lets users deposit USDC directly into their checking accounts, a step toward mainstream banking adoption of stablecoins.
Former SWIFT CEO Lázaro Campos Joins OpenTrade as Stablecoin Yield Demand Grows
OpenTrade appointed former SWIFT CEO Lázaro Campos as board chair as it expands the institutional market for stablecoin-based yield products. The London-based platform reports more than $300 million in total value locked.
Tether Reports $1.5B Q3 Profit as Total Reserves Reach $191.5B
Tether reported $1.5B in Q3 net operating profit, taking year-to-date profit to $4.5B, with reserves backing its tokens reaching $191.5B per its latest attestation.
Uber earns 1.5 extra days of yield in Canton blockchain pilot
Uber tested a blockchain-based investment with HSBC and Franklin Templeton, using HSBC tokenized deposits to keep corporate cash invested over the weekend and earn an extra 1.5 days of yield, per Bloomberg.
Experts divided over Binance hack asset freezes, warn recovery is another matter
Tether, Circle and other issuers moved within hours to block billions in stolen crypto after the Binance hack, but legal experts question whether smaller victims would get the same protection.
Tether Reports $1.5B Q3 Profit as Reserve Buffer Nearly Doubles to $8B
Tether reported $1.5B in Q3 profit, with its reserve buffer nearly doubling to $8B.
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
ICE bets on perpetual futures as CME sues to stop them
ICE is backing perpetual futures even as CME sues to stop them, per Ledger Insights.
Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach
Galaxy Digital is applying for a national trust bank charter to offer fiduciary investment advisory services alongside its custody, trading and staking services, per a company press release.
1kx report finds tokenized assets and payments now out-earn blockchains
A 1kx report finds tokenized assets and payments now out-earn blockchains themselves.
Tether posts $1.5B Q3 profit as reserve buffer nears $8B
Tether reported $1.5 billion in Q3 net operating profit and rebuilt its excess reserves to nearly $8 billion, with total reserve assets at $191.45 billion.
Secret Service, FBI Join Binance Hack Probe as Circle Freezes $823 Million
The FBI and Secret Service are working with Binance as investigators trace funds from the $6.3 billion breach, while Circle froze $823 million in stablecoins linked to the theft.
Lagarde to leave ECB with Europe’s tokenized-finance blueprint still undecided
Appia consultation findings show a trade-off between pooling settlement liquidity and preserving competition among networks, with Europe's tokenized-finance architecture still open as Lagarde prepares to leave the ECB.
ECB picks Nexi and Telefónica consortia to run digital euro network connections
The ECB picked the Nexi and Telefónica consortia to run network connections for the digital euro.
Tether Reports $1.5 Billion Q3 Operating Profit, $7.95 Billion Reserve Buffer
Tether reported a $1.5 billion Q3 operating profit and a $7.95 billion reserve buffer, driven by Treasury bills and reverse repos; BDO attested the September-end report.
ECB to launch tokenized deposits, securities workstreams as Appia takes shape
The ECB is launching tokenized-deposit and securities workstreams as its Appia initiative takes shape.
Uber Joins HSBC, Franklin Templeton in Blockchain Investing Test
Uber has joined HSBC and Franklin Templeton in a blockchain investing test, per Bloomberg.
Airtm and BVNK Connect Wallets to Retail Payments in…
Airtm and stablecoin infrastructure provider BVNK are partnering to let Airtm users pay retailers from wallet balances, announced at the Stellar Meridian Conference.
Standard Chartered-backed Anchorpoint partners with Solana for HKDAP expansion
Standard Chartered-backed Anchorpoint Financial has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to Solana ahead of a retail rollout.
Anchorpoint Plans Native HKDAP Issuance on Solana
Anchorpoint plans native HKDAP issuance on Solana; the HKD stablecoin is currently in Ethereum-only beta access.
Coinbase Delists USDT for EEA Users: The October 30 Stablecoin Deadline Explained
Coinbase stops supporting 14 MiCA-non-compliant stablecoins, including USDT and DAI, for EEA customers on October 30, converting leftover balances into USDC.
ACI Worldwide and Circle collaborate on LatAm payments
ACI Worldwide and Circle announced a collaboration to show how USDC stablecoin settlement can be integrated into existing banking and payment infrastructure, starting with LatAm payments.
Goldman Sachs joins DLT sec finance platform
Equilend announced that Goldman Sachs has joined 1Source, its DLT-based securities lending platform.
38 companies oppose OKXICE tokenized stocks amid Nasdaq lobbying claims
Thirty-eight issuers have objected to OKXICE tokenized stock trading under the SEC's 30-day objection rule, amid questions over reported Nasdaq pressure on listed companies.
Standard Chartered Says It Provides Digital-Asset Custody in Luxembourg and DIFC
The LMAX mandate spans Standard Chartered's Luxembourg entity and Dubai branch. A separate collateral link would let clients trade against tokens kept in bank custody.
Tokenisation platform Assetize secures Jersey registration
Assetize Financial Services (Jersey), part of the Assetize tokenisation group, has been registered by the Jersey Financial Services Commission to carry on trust company business.
Circle starts winding down CCTP V1 ahead of the December 1 USDC bridge pause
Circle cuts burn limits on its legacy CCTP V1 USDC bridge from October 31 and pauses the contracts December 1, with apps required to move to CCTP V2.
Walmart, Microsoft and JPMorgan block NYSE-backed venture from tokenizing their shares
Walmart, Microsoft and JPMorgan have blocked an NYSE-backed venture from tokenizing their shares. Issuers have a 30-day window to block a third-party tokenization proposal.