# Сопутствующие статьи по теме Settlement

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

Finance Goes 'Invisible': How Stablecoins Are Becoming the New Arteries of the Digital Economy

This article explores the transformative role of stablecoins as the "new arteries" of the digital economy, moving finance into an "invisible" infrastructure layer. Key developments include Coinbase's major product upgrades, positioning it as an "Everything Exchange" that integrates trading, derivatives, stablecoins, and AI-driven services. Stablecoin adoption is accelerating, with Visa now allowing USDC settlements within the U.S. banking system, marking a structural shift in settlement layers. Regulatory progress is evident as U.S. authorities conditionally approve federal trust bank charters for firms like Ripple and Circle, while the FDIC advances stablecoin rules. New stablecoin products and payments integrations are emerging, such as PayPal's PYUSD for YouTube creator payouts and ADNOC's adoption of a national stablecoin at gas stations. Major financial institutions, including JPMorgan, are actively exploring tokenized deposits and assets on public blockchains. The growth of gold-backed stablecoins and national strategies like the UAE's push for asset tokenization further highlight the expansion of stablecoins beyond pure currency use cases into broader economic infrastructure. However, JPMorgan analysis suggests stablecoin growth may be limited by competition from bank-issued tokenized deposits and CBDCs, projecting a market cap of $500-600 billion by 2028.

比推12/22 06:12

Finance Goes 'Invisible': How Stablecoins Are Becoming the New Arteries of the Digital Economy

比推12/22 06:12

SEC's "Two-Year On-Chain" Prophecy: The Tokenized Restructuring of the DTCC Clearing System

SEC Chairman Paul Atkins predicts the full migration of the U.S. financial markets—including stocks, fixed income, treasuries, and real estate—to blockchain infrastructure within two years, marking the most significant structural shift since the 1970s. This transformation, driven by the "Project Crypto" initiative and legislative support like the GENIUS and CLARITY Acts, enables tokenization under regulatory clarity. Key institutions, including BlackRock (tokenizing treasury funds on Ethereum) and J.P. Morgan (with its Kinexys platform), are leading the adoption. The DTCC, via its DTC subsidiary, has secured an SEC no-action letter to bridge traditional CUSIP systems with tokenized assets, ensuring compliance and interoperability. Benefits include T+0 settlement, enhanced capital efficiency, 24/7 market access, and improved transparency. Challenges involve balancing real-time settlement with netting efficiencies, privacy concerns, and systemic risk amplification. Tokenized money market funds (TMMFs) exemplify the fusion of traditional safety with blockchain programmability. The move integrates TradFi and DeFi, with DTCC acting as the core infrastructure for a unified, tokenized financial ecosystem.

marsbit12/22 02:14

SEC's "Two-Year On-Chain" Prophecy: The Tokenized Restructuring of the DTCC Clearing System

marsbit12/22 02:14

Tokenization will disrupt finance faster than digital disrupted media: Crypto exec

Tokenization will transform finance faster than digital technology disrupted media, according to MoonPay president Keith Grossman. He argues that real-world asset (RWA) tokenization will force traditional financial firms to adapt, citing examples like BlackRock and Franklin Templeton already offering tokenized funds. Major banks are also exploring onchain settlements. Grossman believes institutions that embrace this shift will succeed, while those resisting will fall behind. Benefits include 24/7 market access, global scalability, lower costs, and near-instant settlements. Regulatory progress, such as the SEC and CFTC working on round-the-clock market frameworks and the DTCC’s approval to launch tokenized U.S. Treasuries by 2026, signals accelerating adoption.

cointelegraph12/21 22:19

Tokenization will disrupt finance faster than digital disrupted media: Crypto exec

cointelegraph12/21 22:19

Is Ethereum undervalued? These 2 on-chain signals say…

Ethereum has underperformed in 2025, declining roughly 12% YTD while assets like gold and equities climbed. However, two key on-chain signals suggest it may be undervalued. First, Ethereum's network remains the dominant settlement layer for global dollar liquidity, processing $90-100 billion in stablecoin transfers daily, as users prioritize security and finality over lower fees. Second, large holders are accumulating more ETH even as prices approach their average cost basis, showing patience and confidence despite squeezed profits. This indicates underlying strength that price action alone may not reflect.

ambcrypto12/21 20:02

Is Ethereum undervalued? These 2 on-chain signals say…

ambcrypto12/21 20:02

MEXC Under Fire Again After Users Flag Premarket Scams

MEXC faces renewed criticism as users report fund losses and premarket trading issues. Analyst Gautamgg highlighted two recent cases where the exchange allegedly violated its own rules. In one instance, a buyer purchased tokens at $0.40, but when the listing price reached $1.30, the seller defaulted. Instead of refunding the buyer as per Rule 10, MEXC retained the collateral. Another user reported canceled trades and frozen USDT for over 10 days with unclear support responses. This controversy follows previous accusations in late October when MEXC was accused of freezing over $3 million in user funds without justification. The exchange's CSO later apologized and released the funds. MEXC has since published Proof of Reserves and claims to combat fraud, having blocked over 70,000 fraud attempts recently. However, trust concerns persist as crypto scams surge industry-wide, with TRM Labs reporting a 456% increase in AI-related scams and $2.47 billion lost in the first half of the year.

TheNewsCrypto12/20 17:54

MEXC Under Fire Again After Users Flag Premarket Scams

TheNewsCrypto12/20 17:54

ECB eyes onchain settlements next year as lawmakers weigh digital euro privacy

The European Central Bank (ECB) plans to enable blockchain-based settlement in central bank money by next year and is preparing to issue a digital euro, though its privacy features depend on approval from EU lawmakers. ECB executive Piero Cipollone stated that the digital euro would support both online and offline transactions, enhancing resilience and privacy. The offline version would allow device-to-device payments without third-party validation, similar to cash. The ECB aims to address fragmented retail payments and slow cross-border transactions with the digital euro, while also mitigating risks from stablecoins. However, the EU's recent push for increased surveillance and data retention contrasts with the ECB's privacy-focused design. Legislative approval is expected by 2026, with initial transactions possible in 2027 and full issuance by 2029.

cointelegraph12/19 16:23

ECB eyes onchain settlements next year as lawmakers weigh digital euro privacy

cointelegraph12/19 16:23

What Malaysia’s royal stablecoin reveals about Asia’s shift to tokenized money

Malaysia's RMJDT is a ringgit-pegged stablecoin issued by Bullish Aim, a company linked to Johor's Crown Prince, on the Zetrix blockchain. Designed for payments and cross-border trade, it is backed by ringgit cash and government bonds, with a conservative reserve model. A separate treasury funded with Zetrix tokens aims to ensure network stability. This initiative reflects Asia's broader shift toward regulated tokenized money, where stablecoins are increasingly subject to licensing, reserve rules, and redemption requirements. It also highlights the growing need for onchain settlement in local currencies to support the expansion of tokenized assets, as seen in regional efforts like Singapore's Project Guardian. Regulatory frameworks in Hong Kong, Singapore, and Japan emphasize supervised issuance, aligning with Malaysia's phased approach to financial tokenization.

cointelegraph12/19 13:15

What Malaysia’s royal stablecoin reveals about Asia’s shift to tokenized money

cointelegraph12/19 13:15

Operation Chokepoint 2.0 Concludes as Fed Withdraws Crypto Restrictions: A Long-Overdue Institutional Shift

The article discusses the end of "Operation Chokepoint 2.0," a coordinated U.S. regulatory effort to restrict banking services for the cryptocurrency industry in 2023. Internal FDIC documents confirmed this de-banking campaign, which increased regulatory friction and limited crypto firms' access to banking services following the collapse of several banks. A key tool was a Federal Reserve policy that classified crypto-related activities—such as stablecoin services, on-chain settlement, and crypto custody—as "high-risk innovation," subjecting them to additional scrutiny. Recently, the Federal Reserve officially revoked this restrictive policy, signaling a shift in regulatory approach. This change is not due to a sudden pro-crypto stance but reflects the growing recognition that isolating the industry is increasingly impractical. Stablecoin adoption has expanded, on-chain dollar settlements have become more frequent, and capital flows have continued outside the traditional banking system, creating potential systemic risks. The case of Custodia Bank, which was denied a master account and access to the dollar clearing system, exemplifies the impact of these policies. Custodia has since sought a rehearing, and its legal challenge is seen as a test of whether regulators are moving from a default rejection to a compliance-based准入 approach. Concurrently, the SEC issued guidance on how broker-dealers should custody crypto assets, detailing requirements for private key management, blockchain risk assessment, and response to extreme events like 51% attacks. Other agencies, like the OCC, have also expanded recognition of stablecoins and custody services. The overall trend indicates a regulatory pivot from blocking crypto to managing it structurally. Activities are being modularized into manageable components—settlement, custody, clearing, and risk control—rather than being treated as a monolithic high-risk category. The shift acknowledges that on-chain dollar flows are now a integral part of global finance, and regulators must engage with them rather than remain absent. The real impact will be seen in who is permitted to participate in the next phase of the dollar settlement and custody system.

marsbit12/19 11:30

Operation Chokepoint 2.0 Concludes as Fed Withdraws Crypto Restrictions: A Long-Overdue Institutional Shift

marsbit12/19 11:30

Tokenization arrives onchain for institutions — AMA recap with Redbelly Network

Sponsored content: During a Cointelegraph AMA, Redbelly Network and AMAL Trustees discussed how tokenization and deterministic finality can modernize institutional asset workflows, moving beyond manual processes like spreadsheets and delayed reconciliations. The conversation highlighted the shift from experimental pilots to production-grade tokenization infrastructure, particularly in regulated markets and private credit. A key focus was Project Acacia, a Reserve Bank of Australia CBDC pilot, where a smart asset-backed security demonstrated streamlined issuance, servicing, and secondary trading on a single source of truth. Redbelly's deterministic consensus ensures irreversible settlement and high throughput, while its zkIdentity system enables compliance checks without exposing private data. The partnership aims to upgrade asset lifecycle management by combining Redbelly's technical infrastructure with AMAL's fiduciary expertise.

cointelegraph12/18 16:23

Tokenization arrives onchain for institutions — AMA recap with Redbelly Network

cointelegraph12/18 16:23

Frontline Insights | Web3 Lawyer Deciphers the Latest Developments in U.S. Stock Tokenization!

Summary: On December 15, 2025, Nasdaq submitted a proposal to the SEC to extend U.S. stock trading hours to 23/5, sparking speculation about tokenization, though the filing did not mention it. More significantly, on December 11, the SEC issued a No-Action Letter (NAL) to DTCC, allowing its subsidiary DTC to conduct a pilot for tokenizing traditional securities under strict conditions. The NAL exempts DTC from certain procedural filing requirements but does not constitute a full regulatory endorsement. DTC's pilot involves creating tokenized representations of securities on a permissioned blockchain, allowing direct transfers between approved wallets while maintaining central oversight through its LedgerScan system. This move signals cautious regulatory openness to blockchain efficiency improvements in settlement and asset tracking, without altering the fundamental nature of securities. The development represents a step toward modernizing market infrastructure, with two parallel paths emerging: backend efficiency gains led by institutions like DTCC, and front-end user-facing innovations from brokers and trading platforms, all within evolving regulatory boundaries.

深潮12/18 10:16

Frontline Insights | Web3 Lawyer Deciphers the Latest Developments in U.S. Stock Tokenization!