# Сопутствующие статьи по теме Crypto

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

NYSE Can't Sit Still, Plans to Launch 24/7 Tokenized Trading

The New York Stock Exchange (NYSE) is reportedly planning to launch a tokenized securities trading and on-chain settlement platform that would enable 7x24 hour trading of stocks and ETFs. This move, seen as a response to competitor Nasdaq's own application for tokenized stock trading submitted last year, represents a significant step by traditional finance into the digital asset space. The proposed "on-chain stock tokenization solution" includes features such as fractional share trading, stablecoin-based fund settlement, instant settlement, and plans to grant tokenized stocks equal dividend and governance rights as traditional securities. NYSE's parent company, ICE, is also collaborating with major banks to explore supporting infrastructure. Market reactions are mixed. Proponents view it as an inevitable fusion of traditional and crypto finance, bringing enhanced liquidity and modernized infrastructure like atomic settlement. Critics, however, express concerns that it primarily benefits exchanges and could negatively impact younger investors by creating a relentless trading environment. The approval process by the SEC is expected to take time, potentially not until late 2026, leaving a window of opportunity for existing crypto platforms that offer features like non-KYC trading and high leverage, which the NYSE platform is unlikely to provide. The core driver for traditional exchanges remains trading volume and fees, and their success is not guaranteed in this new competitive landscape.

比推01/19 19:00

NYSE Can't Sit Still, Plans to Launch 24/7 Tokenized Trading

比推01/19 19:00

How Do Stablecoins Touch the Most Profitable Nerve of Banks?

U.S. banks are fiercely opposing interest-bearing stablecoins, not because they cause deposit outflows, but because they threaten the core profitability of large commercial banks. When funds flow into stablecoins like USDC, the money eventually returns to the banking system as reserves held in cash or short-term liquid assets. The real concern is the total amount of deposits, but a shift in deposit structure. Large U.S. banks rely heavily on "low-rate banking," where they hold massive amounts of non-interest or ultra-low-interest transaction deposits (used for payments, transfers, and settlements). These deposits are extremely cheap for banks, costing only 0-11 basis points in interest, while the Fed funds rate is 3.5%-3.75%. This spread, along with transaction fees, generates over $360 billion in annual revenue for banks. Interest-bearing stablecoins directly compete with these transaction deposits. If stablecoins offer yield, users may move funds from traditional bank transaction accounts into stablecoins for both utility and returns. Although the money remains in the banking system, stablecoin issuers would likely place most reserves in higher-yielding non-transaction accounts, forcing banks to pay market rates for these funds. This erodes banks' profit margins and reduces their fee income from payment services. The battle over the CLARITY法案 revolves around this profit redistribution. Banks want to ban all forms of yield on stablecoins to protect their lucrative low-cost deposit base and dominant position in the payment ecosystem.

比推01/19 14:58

How Do Stablecoins Touch the Most Profitable Nerve of Banks?

比推01/19 14:58

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