JPMorgan, DBS eye deposit tokens as cross-bank alternative to stablecoins

JPMorgan, DBS eye deposit tokens as cross-bank alternative to stablecoins
фото показано с : cointelegraph.com

2025-11-12 16:09

As of 2024, at least one-third of commercial banks were exploring or piloting tokenized deposits, according to a survey by the Bank for International Settlements. origin »

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deposits according tokenized piloting exploring settlements survey

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Binance dominates 2024 with $21.6 billion deposits and record 250 million users

Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21. 6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing that the exchange’s deposits surpass the combined total of the next ten largest exchanges tracked […] The post Binance dominates 2024 with $21.

2024-12-12 19:25


Bitcoin Recovers Back To $57,000: Here’s What Could Be Behind This

Bitcoin has surged in the last 24 hours with its price recovering back to $57,000. Here’s what could be behind this, according to on-chain data. Exchanges Received Large Stablecoin Deposits Ahead Of Bitcoin Rally In a new post on X, the market intelligence platform IntoTheBlock has discussed about the significant stablecoin net inflows into exchanges […]

2024-9-11 03:30


Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin

In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD).   Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents.

2024-4-4 17:15


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Binance ends Nigerian Naira services amid government crackdown

Crypto exchange Binance said it would discontinue all services associated with the Nigerian local fiat currency, Naira (NGN), in a phased approach this week, according to a Mar. 5 statement. The Richard Teng-led crypto platform stated that its Nigerian users would not enjoy several NGN-related services, including deposits, withdrawals, conversions, spot trading, P2P, Auto-invest, and […] The post Binance ends Nigerian Naira services amid government crackdown appeared first on CryptoSlate.

2024-3-5 16:50


Whale Deposits $55 Million in Tether (USDT) to Binance, “Likely” To Buy This Altcoin

A large Ethereum whale has been steadily accumulating the cryptocurrency over the past month according to transactions monitored by blockchain analytics firm LookOnChain. Today, the whale deposited 55 million USDT (Tether) onto the popular cryptocurrency exchange Binance, likely with the intent of using those stablecoins to purchase Ethereum.

2023-12-11 19:30


A Crypto Whale Deposited $67,000,000 USDC and USDT to Exchanges Following the Market Crash – Here’s What Happened Next

According to on-chain data, after a recent market crash, a whale deposited massive amounts of stablecoins, totaling 10 million USDC and 57 million USDT, to leading exchanges Binance and OKX. Following these deposits, the same whale has withdrawn a total of 17,901 ETH (Ethereum), equivalent to $30 million, from these platforms.

2023-8-21 19:01


Binance temporarily suspends deposits for 10 Multichain-bridged tokens

Crypto exchange Binance has announced a temporary suspension of deposits for ten Multichain-bridged (MULTI)  tokens, pending further clarification from the protocol’s team. According to a May 25 tweet from Binance, the exchange said the decision would affect some assets deposits with blockchain networks like Fantom (FTM), BNB Smart Chain, Ethereum (ETH), and Avalanche (AVAX).

2023-5-25 17:05