BNY, a financial services company that traces its roots back to one of the oldest financial institutions in the United States, launched tokenized bank deposits for its institutional clients on Friday. Tokenized bank deposits are onchain cash balances or depositor claims against a bank. BNY will issue the tokenized bank deposits on an in-house permissioned blockchain network, according to an announcement from the company. The differences between permissioned and permissionless blockchain networks. Source: Cointelegraph The onchain deposits will be used to support collateral and margin requirements, with additional functionality in…
Tag: Launches
Nexo Launches Zero-Interest Crypto Loans for Bitcoin and Ether Holders
Nexo has launched a zero-interest crypto lending product that allows Bitcoin and Ether holders to borrow against their assets through fixed-term loans. According to a company announcement, the product, called Zero-interest Credit, offers fixed-term loans for users who hold Bitcoin (BTC) and ETH (ETH), with repayment conditions set in advance. Loans are settled at maturity and can be repaid using either stablecoins or collateral, depending on market conditions. The offering expands a structured lending model that had previously been available only through Nexo’s private and OTC channels, where it facilitated more…
Tether Launches Scudo for Simplified Gold Transactions on Blockchain
Rebeca Moen Jan 08, 2026 14:11 Tether introduces Scudo, a new unit for Tether Gold (XAU₮), aiming to simplify gold transactions and enhance accessibility in the digital economy. Tether has unveiled Scudo, a novel unit of account for its Tether Gold (XAU₮) token, as announced on January 6, 2026. This initiative aims to reinstate gold as a practical means of payment, making it more accessible amid soaring global interest and record-high prices, according to Tether. Gold’s Rising Prominence In 2025, gold prices…
Binance Launches TradFi Perpetuals Contract for Gold and Silver
Key Notes Binance introduces TradFi perpetual contracts linked to gold and silver, settled in USDT. Contracts trade 24/7 with pricing controls when traditional markets are closed. Products are offered under Abu Dhabi Global Market regulatory oversight. Binance TradFi Perpetuals entered the market this week as the exchange rolled out new futures contracts tied to gold and silver. This product will give users a way to trade traditional assets through crypto-style derivatives. The launch marks Binance’s first step into regulated non-crypto perpetual contracts. Binance TradFi Perpetuals Open Gold and Silver Trading…
Tony Volpon Launches Yield-Sharing BRD Stablecoin
Key Notes BRD joins Crown’s BRLV as a yield-bearing stablecoin backed by Brazilian government bonds. Volpon served as Brazil Central Bank Deputy Governor from 2015-2016 before founding CF Inovação in 2023. Brazil’s new stablecoin regulations take effect February 2, 2026, classifying such transactions as foreign-exchange operations. Former Brazil Central Bank official Tony Volpon announced BRD, a stablecoin pegged to Brazil’s currency that shares interest earned from its government bond reserves with holders. The product enters a market where Brazil’s benchmark Selic interest rate stands at 15%, the highest level since…
Rumble and Tether Launches Crypto Wallet for Digital Creators
Key Notes Rumble Wallet lets creators receive Bitcoin, USDT, and Tether Gold tips directly on the platform. Users keep control of funds while sending crypto without banks or intermediaries. MoonPay enables easy crypto-to-fiat conversions with Apple Pay, PayPal, and credit cards. Rumble has launched a wallet as a built-in crypto payment tool on its video streaming platform. The new wallet allows viewers to support creators directly using digital assets, without banks, ad networks, or outside payment companies. The launch brings digital asset payments into everyday content viewing and grants creators…
Jupiter Launches JupUSD Stablecoin Backed by BlackRock’s BUIDL on Solana
Jupiter, a Solana-based DeFi protocol and trading platform, has launched JupUSD, a dollar-pegged stablecoin issued natively on Solana and developed in partnership with Ethena Labs. In an X post on Monday, Jupiter said 90% of the stablecoin’s reserves will initially be held in USDtb, a licensed stablecoin collateralized by shares of BUIDL, BlackRock’s tokenized money-market fund. The remaining 10% will be held in USDC as a liquidity buffer, with a secondary pool on Meteora. Source: Jupiter Exchange In an announcement shared with Cointelegraph, Jupiter said that JupUSD is issued as an SPL token, Solana’s standard…
Tether Launches Scudo, Bringing Fractional Gold Ownership to XAUT
Key Notes Scudo eliminates complex decimal fractions in XAUT transactions, making gold practical for daily payments and small purchases. Gold reached $4,525 per ounce in December 2025 while Bitcoin dropped from $125K to sub-$85K levels during market volatility. Tether’s innovation positions gold-backed tokens as stable value stores amid cryptocurrency market instability and economic uncertainty. Tether has launched “Scudo,” a new unit of account for Tether Gold XAUT $4 479 24h volatility: 1.1% Market cap: $2.33 B Vol. 24h: $388.43 M designed to facilitate fractional transactions, making it easier to make…
Flare Launches New Way For XRP Investors To Earn
Flare Network has rolled out a new yield-focused product in collaboration with Upshift and Clearstar that offers XRP holders a way to earn returns without selling their XRP holdings. XRP’s price action has been bearish in recent weeks, and that calm has carried into the past trading sessions. The cryptocurrency is trading around $1.87, after staying confined between roughly $1.83 on the downside and $1.88 on the upside in the latest session. This subdued price behavior has preoccupied recent discussions, but development around its ecosystem has continued quietly in the…
USD1 Market Cap Up $150M as Binance Launches Yield Program
Key Notes USD1 market capitalization has moved from $2.74 billion to more than $2.91 billionThis massive uptick comes after Binance announced a yield program linked to the token.World Liberty Financial (WLFI) is working on rolling out a debit card with a retail application, linked to USD1. The USD1 stablecoin saw its market capitalization climb by $150 million on December 24, coinciding with the period when Binance announced a yield program linked to the token. The new booster incentive program is said to offer up to 20% yield. Meanwhile, the rally…