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OpenEden taps BNY Mellon to manage tokenized US Treasury assets
BNY Mellon will manage and custody the assets backing OpenEden’s Moody’s “A”-rated tokenized US Treasury fund, expanding the bank’s presence in blockchain-based finance.
Pro-crypto PAC to be headed by Tether executive ahead of US midterms
A debate over stablecoin yield, likely to impact Tether, is underway in the US government as lawmakers consider a market structure bill.