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.

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/

null source: https://x.com/BTC_Archive/status/1948791962728862138

BlackRock's Digital Asset Pioneer has officially departed from the company and taken on a new role as Co-CEO at SharpLink. This significant career move has sparked discussions within the financial and cryptocurrency communities, leading many to speculate about the potential implications for Ethereum. Observers are questioning whether this transition could be a bullish signal for Ethereum's future, given BlackRock's stature in the digital asset space and the innovative direction implied by SharpLink’s objectives. As the market reacts, industry analysts will be closely monitoring how this change might influence investments and developments within the Ethereum ecosystem. source: https://blocknews.com/blackrocks-digital-asset-pioneer-leaves-and-joins-sharplink-as-co‑ceo-is-this-bullish-for-ethereum/

SharpLink Gaming onboarded Joseph Chalom, former head of digital asset strategy at BlackRock. Chalom expressed his belief that Ethereum has the ability to become a hub for bridging crypto and traditional finance. source: https://www.cryptopolitan.com/sharplink-gaming-joseph-chalom-as-co-ceo/

Uniswap Foundation introduces Angstrom, a DEX with native MEV protection, aiming to address Ethereum's MEV challenges. source: https://coincu.com/350845-uniswap-foundation-angstrom-dex-launch

글로벌 결제는 변혁을 겪고 있으며, 스테이블코인은 이 혁신의 중심에 있습니다. 스테이블코인은 국경 간 거래를 재편할 뿐만 아니라 결제의 미래를 재정의하고 있습니다.

비트코인이 새로운 화폐가 된다면 얼리 어답터들은 큰 보상을 얻게 되겠지만, 실패한다면 손해를 감수해야 할 수도 있습니다.

골든 파이낸스는 가장 빠르고 최신의 MEME, DeFi, DAO, NFT 및 메타버스 업계 뉴스를 제공하는 골든 웹 3.0 데일리를 선보입니다.

HIP-3는 하이퍼리퀴드 개발의 큰 도약입니다.

후사카는 테스트 및 계획의 마지막 단계에 있으며, 메인 네트워크 활성화는 2025년 11월 초로 예정되어 있습니다.

맨해튼에서 끔찍한 암호화폐 갈취 음모를 꾸민 혐의로 기소된 두 남성이 100만 달러의 보석금을 내고 보석으로 풀려났습니다.

BTC, 암호 화폐, 암호 화폐 "엔비디아"골드 파이낸스, 이것은 비트 코인이 아닙니다.

홍콩은 8월 1일부터 개인 투자자에게 무허가 스테이블코인을 제공하거나 홍보하는 행위를 범죄로 규정하는 새로운 규정을 공식적으로 시행할 예정입니다.

在本文中，DeepSafe Research 将通过 TEE-Boost、Rollup-Boost、CRVA 等几个案例，探讨 TEE 在 Web3 当中的应用方式，向大家揭示其巨大潜力及未来可能出现的新场景。

엘론 머스크가 웨스트 할리우드에 새로운 복고풍 테마의 식당을 오픈했는데, 머스크가 "귀여운 복장"이라고 묘사한 로봇 서버가 서빙을 담당합니다.