OCC Lets Crypto Firms Keep Paying Stablecoin Rewards

The OCC’s new GENIUS Act rules let exchanges like Coinbase and Robinhood keep paying interest-like stablecoin rewards, despite warnings from banks about deposit flight. TLDR Federal regulators have confirmed that crypto exchanges can keep paying interest-like rewards on stablecoin balances. Under the OCC’s new GENIUS Act rules, stablecoin issuers like Circle still cannot pay interest […]

Aviva Investors Tokenizes $29B Sterling Fund on XRP Ledger

Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger, its second tokenized fund and a major step for real-world asset tokenization. TLDR Aviva Investors has launched a tokenized share class of its Sterling (GBP) Liquidity Fund on Ripple’s XRP Ledger (XRPL). The fund is the asset manager’s […]