According to Cointelegraph, the tokenization of money market funds is emerging as a pivotal strategy to maintain the allure of cash as an asset, particularly as stablecoins gain traction and pose a threat to traditional fund offerings. JPMorgan strategist Teresa Ho highlights recent initiatives by Goldman Sachs and Bank of New York Mellon to tokenize shares of money market funds, suggesting that these services will bolster the competitiveness of these funds while introducing new applications, such as margin collateral. This development coincides with the enactment of the US GENIUS Act, a comprehensive stablecoin bill anticipated to enhance the use of digital dollars by integrating blockchain technology's speed and predictability into the conventional banking system. JPMorgan strategists foresee intensifying competition in this domain. In an interview with Bloomberg, Ho emphasized that the Goldman-BNY tokenization effort demonstrates the potential evolution of money market funds, allowing investors to post money-market shares instead of cash or Treasurys, thereby retaining interest. The banking sector is closely observing the rise of stablecoins amid concerns about their potential to diminish demand for traditional assets. In April, the Treasury Borrowing Advisory Committee cautioned that stablecoins might reduce banks' demand for Treasury bonds, potentially impacting credit growth. Money market funds, which invest in short-term debt securities like Treasury bills, could be directly affected. Prior to the GENIUS Act's passage, money market expert and Crane Data President Peter Crane remarked that the sector was monitoring the stablecoin market for its potential impact on Treasury market liquidity, although he believed such concerns were likely exaggerated unless the stablecoin market expands significantly. Despite stablecoins posing a challenge to money market funds, the GENIUS Act could ultimately benefit both sectors by creating more pathways to the tokenization market, according to Aptos Labs' Solomon Tesfaye. Michael Sonnenshein, president of tokenization firm Securitize, expressed to The Wall Street Journal that the GENIUS Act will encourage more companies to embrace tokenization without fearing regulatory repercussions. He noted that asset issuers hesitant to fully engage with tokenized securities now have additional support. The tokenization of real-world assets (RWA), particularly private credit and US Treasury bonds, has emerged as one of blockchain's most significant use cases this year. Excluding stablecoins, tokenized RWAs have grown into a $25 billion market across 256 issuers, according to industry data. Tesfaye envisions a future where RWAs expand into more complex asset classes, such as derivatives, intellectual property, or esoteric asset classes.

XRP price fell by 10% as whales sold and wider market liquidations spread to the altcoin. source: https://cointelegraph.com/news/xrp-s-bull-run-might-have-ended-at-dollar3-65-here-s-what-must-happen-to-save-it?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound

Goldman Sachs and BNY Mellon’s tokenization push aims to keep money market funds competitive as the US accelerates stablecoin adoption, according to a JPMorgan strategist. source: https://cointelegraph.com/news/tokenized-money-market-funds-vs-stablecoins-jpmorgan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ethereum (CRYPTO: ETH) has surged over 52% in the past month, but some analysts expect a short-term correction before the next leg up. source: https://www.benzinga.com/crypto/cryptocurrency/25/07/46639403/ethereum-surges-52-in-july-but-is-the-rally-over-now?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Former President Donald Trump has stated that a trade agreement between the United States and China has been successfully established, while he characterized the negotiations for a trade deal with the European Union as being evenly balanced, with a 50-50 chance of reaching a final agreement. source: https://blocknews.com/trump-says-us-china-deal-is-in-place-eu-deal-at-50‑50/

Friday News potpourri: Here’s what’s shaping up across Bitcoin, Ethereum and beyond. source: https://blockworks.co/news/zk-breakthroughs-onchain-comebacks-stablecoin-shakeups

Solana-based memecoin Bonk Inu (BONK) tanked by 11% over a volatile 24-hour trading period, erasing earlier gains triggered by a major token burn announcement. The token’s price dropped from an intraday high of $0. 00003185 and $0. 00003763, ending the week trading in the red. BONK’s value had gone up against the backdrop of its team’s announcement […] source: https://www.cryptopolitan.com/bonk-tanks-11-amid-exchange-transfers/

Large holders quietly accumulate Ethereum since early 2025, which has helped fuel a price rebound amidst improving social sentiment. source: https://cryptopotato.com/ethereums-rebound-isnt-hype-on-chain-signals-point-to-a-bigger-rally-ahead/

Known as NDAChain, the platform will be run by the Ministry of Public Security and was developed by the National […] The post Vietnam Unveils State Blockchain to Safeguard National Data appeared first on Coindoo. source: https://coindoo.com/vietnam-unveils-state-blockchain-to-safeguard-national-data/

Former President Donald Trump has stated that Jerome Powell, the current Chair of the Federal Reserve, is now prepared to implement a reduction in interest rates. This article will explore the factors and developments that have contributed to this apparent shift in Powell's stance on monetary policy. source: https://blocknews.com/trump-says-jerome-powell-is-ready-to-lower-interest-rates-here-is-what-changed/

Telegramのトップ暗号ゲームであるHamster Kombat (HMSTR)とCatizen (CATI)は、トークンがピーク値から50%以上下落し、Notcoin (NOT)やToncoin (TON)のような他のゲームトークンの下落に呼応している。今問われているのは、これらのトークンが回復できるのか、それとも継続的な下落や崩壊の可能性に直面するのかということだ。

9月1日、X Empireは30日以上ゲームにログインしていないユーザーを対象に、初のゲーム内通貨の焼却を開始する。X Empireのトークン・パージは、ゲームが待望のトークン発売に向けて準備する中、アクティブなプレイヤーに報酬を与えるように設計されており、タップ・トゥ・アーンのゲーム風景における重要な瞬間の舞台となる。

Telegramの創設者であるPavel Durovが、Telegramが違法行為を助長したという疑惑の中、フランスで拘束された。彼の逮捕は、デジタル・プライバシーと言論の自由に対する懸念を反映し、暗号コミュニティから論争と支持を巻き起こした。

ノットコインは過去24時間で30％上昇し、主要暗号通貨を上回っている。最近、テレグラムアプリ内で新しいゲームが開始されたことが、この急上昇を後押ししたようだ。

Dotcoinは当初TONブロックチェーン上で立ち上げられたが、その高度なスケーラビリティとインフラの恩恵を受けるためにVenomに移行している。Venom上での$DTCトークンのローンチを含むこの移行は、Dotcoinの成長をサポートすることを目的としているが、コミュニティの反発や技術的な問題などの課題に直面している。この移行は最終的にドットコインの地位を強化するのか、それともさらなる複雑化につながるのか。

ノットコインは、6週間続く新しいストーリー主導型テレグラムゲーム「Lost Dogs」を開始した。プレイヤーはストーリーを形成する決定について毎日投票し、NOTトークンとゲーム内通貨WOOFの両方を獲得する。さて、あなたの選択は？

プレイヤーはストーリー重視のゲームでノットコイントークンと新しいゲーム内トークンを獲得することができます。このイニシアチブは、NFTとブロックチェーン技術の可能性を活用し、より豊かで没入感のある体験をプレイヤーに提供することを目指しています。

ノットコインは、世界的な地域でビットコインやイーサなどの巨人を凌駕し、TONブロックチェーン上でPlay-to-Earn（P2E）プロジェクトを開拓するなど、Web3ゲームのリーディングカンパニーとして台頭してきた。その戦略的パートナーシップ、大規模なコミュニティ・エアドロップ、持続可能な成長への注力は、暗号ゲームの将来への潜在的な影響力を強調している。

TelegramのCEOであるPavel Durov氏は、2億3900万人のユーザーを獲得したTelegram内のゲーム「Hamster Kombat」のチャンピオンになり、Telegramの効果的なミニアプリ戦略とモバイルゲームを再形成する可能性を示した。

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