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39 US Banking Groups Are Building Their Own Stablecoin Blockchain

A coalition of 39 state bankers’ associations formed BankChain Alliance on Tuesday to build an industry-owned blockchain network for stablecoins, tokenized deposits, and automated settlement. The same group also spent July pressing senators to tighten stablecoin yield rules in the…

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Pitbull Album Named Pitcoin Spawns Wave of Unaffiliated Crypto Tokens

Meme coins named after Pitbull’s upcoming album Pitcoin rallied roughly 100% today, with the busiest token logging $583,231 in daily volume. The rapper promoted the project on X. None of the tokens trading under the Pitcoin name carry any endorsement…

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Ondo Expands Perps Collateral as Tokenized Stocks Gain a Second Use

A tokenized stock can now remain part of a trader’s market exposure while funding a leveraged position. Selling it for USDC first is no longer required. Ondo Perps has added tokenized Circle (CRCLon), SpaceX (SPCXon) and SanDisk (SNDKon) as eligible…