The pilot shows how institutional access to digital asset credit intermediation could evolve.
OCC reported cumulative trading revenue rose 5.6% from a year ago.
The lines between traditional finance and digital assets are dissolving.
BNY will combine custody with stablecoin mint and burn capabilities.
Tokenized commercial paper can be posted as ECB-eligible collateral to Eurosystem.
The PMAX fund platform has removed the accredited investor requirement & cut minimum investment amounts.
Digital cash solutions could support the issuance and settlement of short-term funding instruments.
This is part of the board’s ongoing succession planning process.
All 32 banks tested remained above their minimum common equity tier 1 capital requirements.