# Сопутствующие статьи по теме Banking

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Banking", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

SoFi rolls out US dollar stablecoin issued by bank subsidiary

SoFi Technologies has launched SoFiUSD, a fully reserved stablecoin issued by its banking subsidiary, SoFi Bank. The stablecoin is backed one-to-one by cash and is redeemable on demand. Initially issued on Ethereum, it is designed for low-cost settlement across payments, card networks, remittances, and enterprise platforms. SoFi's stock rose 5% following the announcement. This move aligns with a broader trend of major U.S. banks, including JPMorgan Chase and Citigroup, exploring stablecoins following the passage of the GENIUS Act, which clarified the regulatory framework for such digital tokens in the United States.

cointelegraph12/18 18:10

SoFi rolls out US dollar stablecoin issued by bank subsidiary

cointelegraph12/18 18:10

From Double-Entry Bookkeeping to Blockchain 'Triple-Entry Bookkeeping': Why Must Banks Go On-Chain?

Banks rely on ledgers, and so does blockchain at its core—but the two are fundamentally different. Today, financial institutions face a choice similar to that of print media decades ago: adapt to the digital age or risk obsolescence. The rise of stablecoins further accelerates this shift. While many banks are adopting cryptographic technologies, the underlying reason encrypted ledgers may eventually replace traditional banking ledgers lies in accounting methodology. Traditional banks use double-entry bookkeeping, invented in medieval Italy, which records each transaction in at least two accounts (debit and credit) to ensure balance and auditability. However, this system relies on independent record-keeping, leaving room for manipulation and reconciliation errors—exemplified by scandals like Enron. In contrast, blockchain introduces triple-entry accounting. This extends double-entry bookkeeping by adding a third, cryptographically-secured, and immutable entry—recorded on a distributed ledger via consensus mechanisms like Proof-of-Work or Proof-of-Stake. Each transaction is not only in the sender’s and receiver’s accounts but also in a tamper-proof, timestamped block, creating a transparent and trustless system. Triple-entry accounting eliminates the need for intermediaries, reduces auditing complexity, and enables near-real-time verification. For banks, adopting blockchain means transitioning from double-entry to triple-entry bookkeeping. Once issues like privacy (e.g., zero-knowledge proofs) and compliance (e.g., KYC) are resolved, moving operations to the chain can significantly boost efficiency, reduce reliance on legacy systems, and provide a more resilient infrastructure. The message is clear: embrace blockchain or risk marginalization. This may be one of the most critical strategic decisions for banks in the coming decades.

marsbit12/18 09:03

From Double-Entry Bookkeeping to Blockchain 'Triple-Entry Bookkeeping': Why Must Banks Go On-Chain?

marsbit12/18 09:03

Federal Reserve quietly reverses anti-crypto stance with new policy

The Federal Reserve has reversed its restrictive 2023 policy on "novel activities" and replaced it with a new framework that creates a clear pathway for banks to engage in digital-asset and blockchain innovation. Announced on 17 December, the move adopts a "same activity, same risks, same regulation" philosophy, allowing banks to pursue crypto-related services like custody, tokenization, and stablecoin integration if they demonstrate strong risk management. The policy shift enables both insured and uninsured state member banks to apply for innovative activities, benefiting crypto-focused institutions. This marks a significant regulatory pivot from discouraging crypto engagement to encouraging responsible innovation under supervision, aligning with broader U.S. efforts to integrate blockchain into mainstream finance.

ambcrypto12/17 23:22

Federal Reserve quietly reverses anti-crypto stance with new policy

ambcrypto12/17 23:22

Why Does $1 Earn More in Banks? Analyzing the Structural Dilemma of DeFi Lending

Silvio's analysis explores why $1 in a bank deposit generates 10x more profit than the same amount of USDC on Aave, arguing this reflects structural differences rather than inherent limitations in DeFi lending. Currently, most borrowing on Aave is driven by crypto-native strategies like staking ETH to borrow WETH for basis trades (45% of loans), yield farming with volatile collateral, or leveraging stablecoins for arbitrage. These uses are tightly coupled with crypto market cycles and yield opportunities, making DeFi lending highly correlated with "crypto GDP." In contrast, banks benefit from lower funding costs (tied to Fed rates), complex risk transformation (e.g., unsecured corporate loans), and oligopolistic advantages. For DeFi lending to mature, it must decouple from crypto volatility by incorporating new collateral types like tokenized real-world assets (RWA), off-chain credit, and crypto-native underwriting. This shift could align DeFi closer to traditional credit markets, potentially unlocking higher margins and more stable valuations by 2026.

marsbit12/17 23:03

Why Does $1 Earn More in Banks? Analyzing the Structural Dilemma of DeFi Lending

marsbit12/17 23:03

Bitcoin's Financial War: How Digital Gold is Disrupting the Traditional Banking System?

In "The Financial War of Bitcoin: How Digital Gold is Disrupting the Traditional Banking System," the author frames the global financial landscape as a conflict between two forces: the "Financialists" and the "Sovereignists." The "Financialists"—central banks, major financial institutions, and old banking families—are described as having controlled the global financial system for over a century through a complex web of debt, derivatives, and credit instruments. Their power stems not from owning assets, but from controlling the claims on them. In contrast, the "Sovereignists"—nation-states, corporations, and individuals seeking autonomy—are turning to Bitcoin as an escape from this system. The pivotal moment in this "war" was not Bitcoin's creation, but MicroStrategy's demonstration that Bitcoin could function as collateral within the traditional capital markets through its innovative financial product, STRC. STRC, a regulated, yield-bearing product backed by Bitcoin, offers significantly higher returns than traditional savings accounts. More importantly, it creates a self-reinforcing "flywheel": investor funds flow in, MicroStrategy buys more Bitcoin, reducing supply and increasing its price, which in turn boosts the value of its collateral and attracts more investors. The article details the "synthetic counterattack" from traditional finance, such as J.P. Morgan raising margin requirements on MicroStrategy stock and later launching synthetic Bitcoin products like leveraged notes. This is characterized as a desperate attempt to control the "rails" of the new financial system by creating claims on Bitcoin, as they have with gold and other assets, rather than owning the underlying asset itself. The core argument is that Bitcoin represents a fundamental shift because it is a scarce, hard asset that cannot be synthetically multiplied like traditional collateral (e.g., dollars, gold certificates, or bonds). While Wall Street is now embracing Bitcoin through ETFs and structured products to capture fees and control, the author concludes that individuals don't need these synthetic versions. The real power lies in owning the actual, scarce asset itself, bypassing the traditional banking system entirely. Those who understand this early will be the winners in this financial transformation.

链捕手12/14 14:25

Bitcoin's Financial War: How Digital Gold is Disrupting the Traditional Banking System?

链捕手12/14 14:25

Standard Chartered, Coinbase deepen alliance to build institutional crypto infrastructure

Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. The collaboration will explore offerings across trading, prime services, custody, staking, and lending. The partnership combines Standard Chartered’s banking and custody expertise with Coinbase’s institutional crypto platform to develop secure, compliant digital asset services. This builds on their existing relationship in Singapore, where Standard Chartered provides real-time SGD transfers for Coinbase. Separately, the US OCC conditionally approved national trust bank charters for five crypto-related firms, including BitGo, Fidelity, Paxos, Circle, and Ripple. Coinbase is also expected to announce new products soon.

cointelegraph12/14 07:00

Standard Chartered, Coinbase deepen alliance to build institutional crypto infrastructure

cointelegraph12/14 07:00

Recent Regulatory Positive Developments from the U.S. SEC and OCC: What Impact Will Policy Trends Have?

The U.S. SEC has granted a no-action letter to the Depository Trust Company (DTC), allowing it to tokenize a range of high-liquidity assets—including stocks, ETFs, and U.S. Treasuries—on approved blockchains under controlled conditions. This initiative, expected to launch in late 2026, aims to bridge TradFi and DeFi, enhancing market efficiency, transparency, and accessibility. Simultaneously, the OCC has clarified that crypto-native firms seeking federal banking charters will be evaluated on equal footing with traditional institutions, emphasizing that digital asset activities, including custody services, fall within the permissible scope for national trust banks. Both moves signal a structured yet progressive U.S. regulatory approach toward integrating blockchain technology into the core financial system, potentially setting global standards for digital finance.

marsbit12/14 05:16

Recent Regulatory Positive Developments from the U.S. SEC and OCC: What Impact Will Policy Trends Have?

marsbit12/14 05:16

Financial Times: Why the world should be worried about stablecoins

The article from the Financial Times argues that the global push for dollar-denominated stablecoins, particularly from the US, is a cause for serious concern. While stablecoins are promoted as a solution to high US payment costs and inefficient cross-border transfers, their adoption primarily benefits issuers, criminals, and the US Treasury by helping finance its deficits. However, stablecoins lack the stability, transparency, and regulatory oversight of traditional money. They fail key tests of singleness (uniform value), resilience, and integrity (resisting illicit activity), as highlighted by institutions like the BIS. The author suggests that instead of embracing these risky private currencies, other countries—especially in Europe—should develop their own well-regulated digital payment systems. The piece concludes that the current US approach to stablecoins is predatory and could have disastrous consequences, warranting global resistance.

marsbit12/12 15:58

Financial Times: Why the world should be worried about stablecoins

marsbit12/12 15:58

Big Short Burry Warns: Fed's RMP Aims to Conceal Banking System Fragility, Essentially a Restart of QE

Michael Burry, of "The Big Short" fame, issued a warning that the Federal Reserve's new Reserve Management Purchases (RMP) program is a covert form of quantitative easing (QE) designed to mask deep-seated vulnerabilities in the US banking system. He argues that the need to inject liquidity, despite over $3 trillion in bank reserves, signals systemic fragility, not strength, stemming from the 2023 banking crisis. Burry contends that each crisis now forces the Fed to permanently expand its balance sheet to prevent funding crises. The market reaction showed rising 2-month Treasury yields and falling 10-year yield, alongside ongoing repo market volatility, raising concerns about year-end funding stress. He cautions against bullish bank stock advice and prefers Treasury money market funds for large deposits. While the Fed states RMP is a technical operation to ensure sufficient liquidity, Burry sees it as evidence of a weakened financial system reliant on constant central bank support.

深潮12/12 01:37

Big Short Burry Warns: Fed's RMP Aims to Conceal Banking System Fragility, Essentially a Restart of QE

深潮12/12 01:37

Tokenized Deposits vs. Stablecoins: The Future of Finance is Not Replacement, but Integration

Tokenized deposits and stablecoins represent complementary, not competing, visions for the future of finance. Banks create money through fractional reserve lending, offering low-cost credit to large clients in exchange for deposits—tokenized deposits extend this on-chain but remain within the banking system’s regulatory and operational framework. Stablecoins, like USDC or USDT, function as permissionless, 24/7 cash-like instruments ideal for global settlements, especially in cross-border payments. The future lies in interoperability: corporations may hold tokenized deposits for credit benefits while using stablecoins for efficient, off-ledger transactions. Smart contracts enable complex, multi-party financial workflows beyond what traditional APIs offer. Rather than one replacing the other, both tokenized deposits (for banking-integrated credit) and stablecoins (for borderless liquidity) will coexist on-chain, enabling a more efficient and accessible financial system. The key is building bridges between these models, not choosing sides.

深潮12/10 03:57

Tokenized Deposits vs. Stablecoins: The Future of Finance is Not Replacement, but Integration