# Settlement Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Settlement", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

OpenPayd Integrates Circle Payments Network for Faster Cross-Border Fiat Payments

Financial infrastructure provider OpenPayd has integrated with the Circle Payments Network (CPN) to offer businesses faster cross-border fiat payments. The service uses stablecoins like USDC and EURC for near-instant settlement behind the scenes, without requiring businesses to manage blockchain technology directly. Companies can continue sending and receiving traditional currencies through OpenPayd's existing platform, while CPN coordinates the settlement between financial institutions using regulated stablecoins. The integration currently supports corridors such as euro to Brazilian real and British pound to Mexican peso, aiming to make stablecoin-based payments more practical and simplify international money movement through a single connection.

TheNewsCrypto5h ago

OpenPayd Integrates Circle Payments Network for Faster Cross-Border Fiat Payments

TheNewsCrypto5h ago

Franklin Templeton to Include Tokenized Assets BENJI in ETF and Mutual Fund Lineups

Franklin Templeton is preparing to incorporate tokenized assets into its traditional investment funds, marking a deeper integration of blockchain into mainstream asset management. According to reports, the firm plans to use its Franklin Onchain U.S. Government Money Fund (BENJI) as an asset or collateral within its exchange-traded funds (ETFs) and mutual funds, pending board approvals. The SEC has cleared this structure, permitting the use of this natively digital money market product for cash management and collateral purposes—a first-of-its-kind approval. This move goes beyond simply issuing blockchain versions of existing securities. Franklin already distributes tokenized funds via digital wallets but now aims to use these assets within conventional portfolios to enhance liquidity management and improve the efficiency of idle cash. The firm manages over 130 ETFs globally with around $82 billion in assets and approximately $790 billion in mutual fund assets. Its tokenized money market funds currently manage about $2.6 billion. This step occurs as tokenized real-world assets gain traction on Wall Street, with the total market value exceeding $38 billion. Other major firms like Blackrock and BNY are also expanding blockchain-based fund and settlement initiatives. Tokenization offers benefits like faster settlements, 24/7 transfers, and more efficient collateral use. Franklin's approach integrates these assets seamlessly into traditional fund operations, signaling an evolution where blockchain transitions from an external "wrapper" to a core operational mechanism. The company also plans to launch additional tokenized products for broader use across its fund lineup.

cryptonews.ru5h ago

Franklin Templeton to Include Tokenized Assets BENJI in ETF and Mutual Fund Lineups

cryptonews.ru5h ago

XRP Faces 5.5% Annual Supply Dilution Amid 81.6% Drop in XRPL Revenue

**Summary:** A report by 21Shares highlights concerning supply and revenue dynamics for XRP. The circulating supply of XRP has increased by 5.5% annually due to net monthly releases from escrow, leading to a yearly 5.5% net dilution in asset value for holders at current fee levels. This dilution rate is lower than competitors like Toncoin and Stellar's XLM but remains significant. Demand for XRP is still largely tied to direct utility, with potential catalysts including institutional adoption for treasury management, payments, and as collateral. However, despite processing $159.9B in settlements in H1 2026, the XRP Ledger's (XRPL) reported revenue plummeted 81.6% year-over-year to $1.18M. This steep decline was driven by sharp drops in swap pool fees and NFT royalties. A positive development is the rapid growth of Ripple's stablecoin, RLUSD, whose supply surged over 1,100% on XRPL, significantly boosting on-chain USD liquidity. Institutional activity also increased, marked by Aviva Investors launching a tokenized money market fund on the ledger.

cryptonews.ruYesterday 05:14

XRP Faces 5.5% Annual Supply Dilution Amid 81.6% Drop in XRPL Revenue

cryptonews.ruYesterday 05:14

Fidelity Warns: The Boom in AI Agents May Not Be a Feast for Public Blockchains

Fidelity Digital Assets cautions that the anticipated boom in AI agents does not automatically guarantee a corresponding surge in public blockchain adoption or token value. While AI agents that can autonomously perform tasks like payments and data calls could theoretically utilize blockchain for settlement, a significant gap exists between "can use" and "must use." The analysis highlights six key risks. First, many AI agents, especially in corporate settings, may prefer closed, permissioned systems over public blockchains due to needs for speed, cost, compliance, and control. Second, increased on-chain transactions from AI-driven micropayments may not benefit native tokens if fees remain low or if value is captured by stablecoins and payment service providers instead. Third, while AI lowers development costs and increases the number of projects, more code does not equal more economic value and can lead to market oversaturation. Fourth, AI commoditizes coding, making pure technological advantage less of a sustainable moat; competition may shift to brand, liquidity, and user networks. Fifth, AI can also lower the cost of attacks by making vulnerability discovery easier, potentially outpacing security auditing and increasing ecosystem risk. Sixth, institutions may require "controlled blockchain" systems with robust identity, permissioning, and audit trails, conflicting with the permissionless nature of public chains. Ultimately, Fidelity argues against simply equating AI growth with blockchain prosperity. The narrative requires moving from speculation to a concrete analysis of which infrastructures can convert real AI agent needs into sustainable economic value, critically examining each step of the assumed value chain.

marsbit2 days ago 15:41

Fidelity Warns: The Boom in AI Agents May Not Be a Feast for Public Blockchains

marsbit2 days ago 15:41

With the Transition of AI Agents to Real Spending, a New Phase May Begin for XRP

The article discusses the potential for a new phase for XRP as AI agents transition from purchasing digital assets to conducting real-world commercial transactions. Chandler Fang, co-founder of t54 (an AI agent startup and former Ripple product lead), outlines a future economy where autonomous software agents perform tasks involving payments. These agents have already executed over a million transactions on the XRP Ledger (XRPL). The evolution involves three stages: 1) paying for digital services (APIs, compute); 2) agents gaining limited spending authority for goods/services with user-set budgets and rules; and 3) agents integrated into enterprise systems (treasury, logistics) making background decisions. Ripple's XRPL AI Starter Kit and Mastercard’s "Agent Pay for Machines" program are cited as enabling infrastructure. Payment assets ($XRP for settlement, $RLUSD for dollar-denominated value) will be used based on transaction needs, not in competition. Widespread adoption may be "invisible," with agents seamlessly choosing blockchain infrastructure without user intervention. Success metrics will shift from transaction volume to meaningful economic activity, compliance, and dispute resolution.

cryptonews.ru08/22 10:47

With the Transition of AI Agents to Real Spending, a New Phase May Begin for XRP

cryptonews.ru08/22 10:47

On-Chain Data and the Courts: What Happened in Crypto Law News This Week

U.S. District Court for the Southern District of New York (SDNY) approved settlement agreements for former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang in a 2022 enforcement case. The CFTC's orders impose a five-year trading ban on both and bar them from registering with the CFTC for ten and eight years, respectively. The CFTC noted their "substantial assistance" in its FTX-related investigations. Separately, U.S. prosecutors opposed a motion to dismiss a case against Gannon Ken Van Dyk, a U.S. soldier allegedly involved in placing over $400,000 in bets on the event market Polymarket concerning the removal of Venezuela's President Nicolás Maduro, using non-public information. The government argued his motion misinterpreted the Commodity Exchange Act and relied on improper hypotheticals. No court decision on the motion had been published as of Friday.

cryptonews.ru08/22 10:19

On-Chain Data and the Courts: What Happened in Crypto Law News This Week

cryptonews.ru08/22 10:19

Gold Diggers in Prediction Markets: From Competing for Trading Entrances to Competing for Outcome Definition Rights

The report identifies a shift in prediction market competition from front-end user acquisition to back-end infrastructure, specifically the "outcome layer." This layer encompasses the standardized services for rule comparison, evidence verification, outcome confirmation, and payment triggering. Analysis shows that while a tiny fraction (0.487%) of markets face disputes, they account for a significant share (8.64%) of traded volume. This highlights the financial impact of rule uncertainty, which creates trading alpha but limits strategy capacity due to shallow order books. The larger opportunity lies in productizing these backend functions. Services like automated settlement (e.g., HIP-4), AI-assisted evidence processing, and external data oracles (e.g., Pyth, Chainlink) are becoming reusable, cross-platform infrastructure. This is creating a "second profit pool" separate from trading fees. Current observable revenue for this outcome layer is estimated at $15-37 million annually. If applied to the entire existing market, this could expand to $64-161 million. In a mature state, modeled after existing commercial models like Azuro's, annual revenue potential could reach approximately $456 million. While the industry logic is forming, pure-play investment assets are still early. Platform equities (e.g., Kalshi, Polymarket) price in broad growth, not just the outcome layer. Tokens like HYPE have minimal fee contribution from related products, and ICE's exposure is too small relative to its total business. The key is to track early projects that achieve cross-platform adoption and convert usage into attributable, recurring revenue. The most significant alpha may emerge before the ideal investment target is fully established.

marsbit08/20 13:49

Gold Diggers in Prediction Markets: From Competing for Trading Entrances to Competing for Outcome Definition Rights

marsbit08/20 13:49

XRP Accounts for 23% of On-Chain Trading Volume in a Three-Hour Trading Period

During a three-hour window from 13:00 to 16:00 UTC, which overlaps with the London afternoon and New York morning, approximately 23% of all on-chain XRP trading volume now occurs, up from 14% a year ago. Asset manager Evernorth, which released this analysis, links this concentration to growing institutional interest, as the peak aligns with traditional banking hours. This pattern is observed across XRPL's three primary trading channels: order books, automated market maker pools, and cross-currency payments. While the timing suggests institutional activity, the public ledger does not definitively identify the participants. The report also notes broader XRPL growth, including billions in tokenized assets and sustained ETF inflows. Evernorth, which is focused on expanding XRP's institutional role, emphasizes that while trading doesn't stop at 5 PM, clear peak hours are emerging.

cryptonews.ru08/20 05:19

XRP Accounts for 23% of On-Chain Trading Volume in a Three-Hour Trading Period

cryptonews.ru08/20 05:19

US CFTC Imposes 5-Year Trading Ban on Former Alameda and FTX Executives

The U.S. Commodity Futures Trading Commission (CFTC) has issued consent orders against Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX. The orders, filed in a New York district court, require both to cooperate with the CFTC and impose a five-year trading ban. Ellison also received a 10-year registration ban, while Wang faces an eight-year registration ban. A CFTC official stated the sanctions reflect their substantial assistance in the commission's investigations related to FTX. This action concludes the CFTC's enforcement case against them, initiated alongside a December 2022 complaint against former FTX CEO Sam Bankman-Fried. The CFTC had previously ordered FTX and Alameda to pay $12.7 billion in restitution and disgorgement. Ellison and Wang, who testified against Bankman-Fried at his trial, faced fraud charges. Bankman-Fried was convicted and sentenced to 25 years in prison. Ellison served a shorter sentence and was released early, while Wang received credit for time already served.

cryptonews.ru08/19 16:46

US CFTC Imposes 5-Year Trading Ban on Former Alameda and FTX Executives

cryptonews.ru08/19 16:46

Robinhood CEO: The Tokenization Wave of U.S. Stocks is Coming, America Must Not Be Left Behind

We are at the early stage of a global supercycle for asset tokenization, a transformative force reshaping finance. Robinhood has actively expanded this frontier outside the US, recently launching Robinhood Chain, a public EVM chain designed for Real World Assets (RWA) and focused on stock tokens. It enables global users to access over 190 US stocks backed 1:1 by underlying securities. However, a key gap remains: these tokenized stocks are not yet available within the United States itself. In the US, the debate around stock tokenization centers on its practical value, given existing low-cost access to equities. Critics question the need, but this misses the core innovation: tokenizing premium financial assets to make them portable, programmable, self-custodied, and tradable 24/7 within an open financial ecosystem. This is more than moving stocks onto a blockchain; it's rebuilding the foundational infrastructure of asset ownership. For US investors, this new infrastructure offers three core advantages: 1. **Real-time clearing and settlement**, enhancing market resilience by eliminating the systemic risks and capital burdens inherent in the traditional T+2/T+1 settlement cycle, as starkly revealed during events like the GameStop volatility. 2. **Native 24/7 trading capability**, allowing all investors to manage risk and react to global news outside standard market hours, a tool previously largely accessible only to institutions. 3. **Greater user control and portability of assets**, enabling instant transfers between platforms and into DeFi. This self-custody model fosters competition among service providers and unlocks new use cases like lending and using tokens as collateral. Realizing these benefits in the US requires more than technology; it necessitates modernizing a century-old securities regulatory framework built for legacy infrastructure. Policymakers must act swiftly to adapt rules for this new paradigm while preserving investor protections. Other jurisdictions are advancing, and the US risks being left behind in shaping the future of asset ownership—a future largely built around American assets and innovation. Tokenizing publicly traded stocks is just the beginning, paving the way for broadening access to other asset classes like private equity. US investors deserve to participate in this innovation.

marsbit08/19 09:31

Robinhood CEO: The Tokenization Wave of U.S. Stocks is Coming, America Must Not Be Left Behind

marsbit08/19 09:31

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