T. Rowe Price has brought what it said is the industry’s first actively managed multi-token spot crypto exchange-traded fund (ETF) to the market. The T. Rowe Price Active Crypto ETF (TKNZ) began trading on …
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Trillion
- DeFi Market
JPMorgan’s Kinexys Blockchain Hits $4 Trillion, Adds Five APAC Currencies
by adminby adminJ.P. Morgan’s Kinexys blockchain payments platform has processed more than $4 trillion in transactions since launch and expanded to eight currencies, adding the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi and Singapore …
- Blockchain Research
Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030
by adminby adminPutting real-world investments onchain, a process called tokenization, is moving out of the testing phase and into everyday business. Citi’s new report Tokenization 2030: Wall Street On-Chain shared with CoinDesk ahead of Proof of …
- Crypto Education
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market
by adminby adminIn brief Visa reports stablecoins have originated $670 billion in lending over five years, with average loan sizes rising from $76,000 to $121,000. USDC and USDT dominate stablecoin lending, mirroring their share of the …
- Web3 Technology
South Korea E-commerce Market Expected to Reach USD 8.05 Trillion by 2030, Driven by Mobile Shopping and Digital Payment Adoption
by adminby adminSouth Korea E-commerce Market Mordor Intelligence has published a new report on the South Korea E-commerce Market, offering a comprehensive analysis of trends, growth drivers, and future projections.Overview of the South Korea E-commerce Market …
- Bitcoin & Ethereum
A $300 Trillion Fat-finger, as Paxos Accidentally Mints and Burns PYUSD
by adminby adminBlockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads. In a Wednesday X post following …
Paxos accidentally minted $300 trillion in PYUSD today, prompting community incredulity. The firm quickly burned these tokens and minted $300 million, claiming user error. This gaffe has highlighted a real concern in stablecoins: these …
BlackRock executive Nicholas Peach said that even a small shift in Asian portfolio allocations toward crypto could generate enormous inflows for the digital asset market. Speaking during a panel at Consensus Hong Kong, Peach …
The New York Department of Financial Services (NYDFS) confirmed today that Paxos, the issuer of PayPal USD (PYUSD), accidentally minted $300 trillion worth of unbacked stablecoins on October 15, 2025. The regulator added that …
The accidental move briefly made PayPal’s PYUSD the largest stablecoin in the world before Paxos burned the newly minted supply. Fintech giant PayPal made an interesting move today, minting $300 trillion of its PYUSD …
