• BlackRock CEO Larry Fink believes tokenizing asset classes like stocks and bonds might increase efficiency in capital markets and improve investor access. • He also discussed the advancements of payment systems and financial inclusion in developing countries, while advanced nations such as the US lag behind. • Fink believes that more transparent regulations will […]

• Circle announced that it will back its stablecoin USDC with corporate resources if needed. • USDC temporarily traded for less than its $1 peg on March 11, and is currently trading at $0.95. • The unexpected closure of Silicon Valley Bank (SVB) sparked the need for this strategy. Circle Announces Corporate Backing for USDC […]

Rumors of SEC Notice Cause Lido (LDO) Token Prices to Drop • On Saturday, the value of Lido’s LDO token dropped by 10% on speculation that the U.S. Securities and Exchange Commission (SEC) had issued a Wells Notice to the biggest Ethereum staking provider. • David Hoffman of the Bankless crypto podcast initially reported that […]