# Сопутствующие статьи по теме Regulation

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

When Wall Street's ETH Starts to 'Earn': From BlackRock's ETHB to Ethereum's Asset Attribute Shift

Wall Street Embraces Staking: BlackRock's ETHB and Ethereum's Shift to a Yield-Generating Asset On March 12, 2026, BlackRock launched the iShares Staked Ethereum Trust (ETHB) on Nasdaq, a groundbreaking Ethereum ETF that not only holds spot ETH but also stakes a significant portion (70-95%) of its assets to generate and distribute yield to investors. This move effectively answers a long-debated question: whether ETH can be accepted by mainstream finance as a yield-bearing asset. ETHB operates by delegating staking to professional validators like Figment via Coinbase Prime. It distributes approximately 82% of the staking rewards (estimated at 2.3%-2.5% APY after fees) to shareholders monthly, while retaining 18% as service fees and charging a 0.25% annual management fee. This provides a predictable, automated cash flow, though it lacks the compounding effect of native on-chain staking unless investors manually reinvest distributions. This development is significant as it marks the formal entry of staking—a core crypto-native activity—into Wall Street's asset framework. Under new SEC leadership, regulatory barriers have eased, allowing BlackRock to legitimize staking rewards as a viable investment return. This paves the way for other PoS-based ETFs (e.g., Solana, Cardano) and may shift substantial capital from traditional spot ETFs to yield-generating products. While on-chain staking options remain popular (e.g., native staking, liquid staking via Lido/Rocket Pool, or wallet-based staking), ETHB’s introduction signals a broader shift: ETH is increasingly viewed not just as a speculative asset, but as a productive, cash-flow-generating machine. The trend of making assets "work" is now irreversible, whether through traditional financial products or decentralized protocols.

marsbit03/22 06:17

When Wall Street's ETH Starts to 'Earn': From BlackRock's ETHB to Ethereum's Asset Attribute Shift

marsbit03/22 06:17

The Second Half of Stablecoins No Longer Belongs to the Crypto World

The article discusses the shift in the stablecoin market from the crypto sector to traditional finance, highlighted by Mastercard's acquisition of BVNK for up to $1.8 billion in March 2026. This move came after Coinbase abandoned a $2 billion deal for BVNK months earlier, signaling intensified competition for stablecoin infrastructure. BVNK specializes in cross-border payments using a "stablecoin sandwich" model: converting fiat to stablecoins like USDC for blockchain transfer, then back to local currency, reducing transaction times and costs. Its key asset is a suite of global licenses, including EMI from the UK FCA and CASP under EU MiCA, enabling compliance across 130+ countries. Mastercard's acquisition aims to integrate BVNK into its Multi-Token Network (MTN), a private blockchain for tokenized assets, addressing MTN's lack of connectivity with public chains. This enables atomic settlements, 24/7 B2B transactions, and programmable payments. The strategy contrasts with Visa’s partnership-focused approach, emphasizing direct control over infrastructure. The U.S. GENIUS Act (July 2025) provided regulatory clarity, defining stablecoins as non-securities under OCC oversight, which facilitated Mastercard’s move. The deal pressures players like Ripple and traditional correspondent banks, as Mastercard’s global network could disrupt cross-border payment fees. Ultimately, stablecoin evolution is becoming invisible to users—embedded in traditional finance for efficiency, not crypto adoption. Mastercard’s investment secures a foothold in the next-generation payment ecosystem.

marsbit03/21 07:12

The Second Half of Stablecoins No Longer Belongs to the Crypto World

marsbit03/21 07:12

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