FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies. Read More at https://cointelegraph.com/news/falconx-ethena-launch-1b-usde-backed-institutional-lending-facility?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

StanChart, HSBC execute first live transaction on Swift blockchain ledger

The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments. Read More at https://cointelegraph.com/news/standard-chartered-hsbc-execute-first-live-transaction-on-swift-blockchain-ledger?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce

“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first comprehensive industry framework. Read More at https://cointelegraph.com/news/sec-proposal-forward-inapt-crypto-rules-commissioner-peirce?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound