Tokenized Deposits Could Eclipse Stablecoin Market
ON STABLECOINS VS. TOKENIZED DEPOSITS: "Worth watching: Caitlin Long’s argument that the entire [ #stablecoin yield] debate may be rendered moot if $5.7 trillion in bank demand deposits get tokenized, dwarfing the $300 billion stablecoin market."-- Erik Krohnstad 's thoughtful highlights from Anthony Pompliano 's conf last week. Indeed. This is why Custodia Bank & Vantage Bank are focused on tokenized deposits first & connecting them to stablecoins second. https://lnkd.in/ew8MiatS
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👀 https://lnkd.in/etCquTsi
Texas Community Banks Pilot Tokenized Deposits at Scale
BIG NEWS from Texas Bankers Association👇 for Vantage Bank 's #tokenizeddeposits platform, for which Custodia Bank handles #tokenization operations. TBA announced that its member banks can pilot it via TBA's Innovation Magnet program: "As one of the first Texas-based financial...
Rise in >1k BTC Holders: TradFi vs Whales
INTERESTING DATA from @glassnode👇. I wonder how many entities that now own >1k #bitcoin (big increase since late 2025) are #tradfi institutions, vs bitcoin whales buying the dip... https://t.co/atKzmpNroK
Senate Banking Committee Set to Hear Debanking Issue
#debanking hearings in the Senate Banking Committee are finally about to gear up, Sen Lummis just told the local press: https://lnkd.in/eTUGjZfd
Fed Governance Shifts Toward Waller, Markets Lag Behind
Watch this space👇...Fed governance realities are shifting toward Waller (tho prediction markets aren't saying that, yet...)
Two Undervalued Pro‑Crypto Insiders: Waller & Bessent
WERE I A BETTING MAN, which I'm not, I see 2 undervalued %s: Chris Waller--bc he's already on the Fed Board of Governors so he could be named chairman & de facto act as such immediately w/o Senate confirmation, &...
Wyoming Crypto Community Pushes Hageman Toward Crypto-Friendly Reforms
Just saw that @Cointelegraph was early to put the puzzle pieces together.👇Kudos “Wyoming’s crypto community is already nudging @HagemanforWY in that direction.” https://t.co/bWBeVXc5ll
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🤐 https://lnkd.in/eBK9xhtV
Fed Advances Crypto Master Accounts, Waller Leads
I'M EXCITED TO SEE THIS, as there's *finally* some movement on Fed master accounts for #crypto-native companies & Waller is one of the key architects of this at the Fed. The timing couldn't be better--tomorrow is his interview for Fed...
Bitcoin's Value Lies Beyond Its Price
"PRICE is the least interesting aspect of #bitcoin."
Wyoming Could Host Native Blockchain Securities, Prompting Corporate Relocation
WHAT IF a US State registered stocks & bonds *natively* on a permissionless #blockchain, so that it wouldn't be just a tokenized claim on an analog asset recorded in a centralized database?? Tried to help Delaware do that in 2015,...
Loans Safe Only When Leverage Stays Below 1:1
This is fine as long as the loans never go above 1:1. If the banks are leveraged >1:1, this is not fine. Understand the difference between commodity credit vs circulation credit—commodity credit is fine; circulation credit is not.💡
Fed Issues Rare Direct Warning After Custodia Bank Abuse
FINALLY!!! It's a few years too late to stop this very conduct from being used against @custodiabank, but I'm glad it won't happen to others. This is pretty stark language from a Fed that usually speaks in "Fedspeak." "Let me...
Fed Drops Crypto, Fintech Focus From Supervision Priorities
GOOD NEWS: the Fed's updated supervisory priorities omit any mention of Fed regulators targeting banks for #crypto, #fintech & banking-as-a-service (#BaaS), which the "degrowth" crew previously in charge of Fed supervision had explicitly targeted. Bowman already tore that down.👏
Tokenized Deposits Soon Arriving at Banks and Credit Unions
TOKENIZED DEPOSITS ARE COMING to banks and credit unions! Learn more here: https://lnkd.in/gqKbpkth
Energy Emerges as Key Link Between Bitcoin and AI
🎯“Bitcoin and AI are converging faster than anyone expected” … energy is becoming the real denominator. @_The_Prophet__
Waller Says ‘Skinny’ Master Accounts Limited to Banks
"Federal Reserve Governor Christopher Waller yesterday sought to clear up confusion about his proposal for the creation of “skinny” master account by saying the accounts would only be made available to chartered *DEPOSITORY INSTITUTIONS*." https://t.co/WTQbYf2kjD
CipherInc’s Stellar Execution Earns Board Member’s Praise
CONGRATS to the @CipherInc team & esp to @rftylerpage for *terrific* execution! And thx to @BitfuryGeorge for leaving me a signed copy of his new book, which includes a section on Cipher. What an evolution since inception when George first...
Celebrating the Bitcoin Whitepaper's Birthday with the Community
Happy #whitepaper birthday, #bitcoiners!🎂 https://t.co/5JV1QMDzfb
Litigators Target Trust Companies' Deposit Access to Fed Systems
AS LITIGATORS PREPARE to challenge whether trust companies can take deposits -- which they're statutorily prohibited from doing -- to gain access to Fed payment systems, this podcast by @khaslett gives good analysis. Lawyers are gonna be busy on this... https://t.co/JcpiQBode0
Custodia Set to Become
HAPPY 5th ANNIVERSARY to @custodiabank for receiving its bank charter + applying for a Fed master account on Oct 29, 2020. In this @AmerBanker article👇, an expert predicts Custodia will be the first #crypto company to obtain a Fed master...
Tokenized Deposits Bridge to Stablecoins in New Partnership
#tokenizeddeposits#stablecoins @Vantage_Bank @custodiabank https://t.co/qQoCTFak7K https://t.co/xuv9wF7kRq
Fed's “Skinny Master Accounts” Could Reshape Banking
1/ I'VE BEEN THINKING about Fed Gov Waller's Tuesday speech introducing "skinny Fed master accounts" for payment-only banks. (This is what @custodiabank proposed to the Fed in June 2020, but I digress.) This 🧵discusses implications for the banking system. https://t.co/ByF8ZQNfcg
Banks Create Blockchain-Speed, Insured Settlement Layer
💡HE GETS IT: "What the two banks are building out opens 'a compliant settlement layer that moves insured dollars at the speed of blockchain' with the 'same safety net, on new rails.'”--@DecryptMedia on @Vantage_Bank & @custodiabank #tokenizeddeposits https://t.co/zktxTrlPVy
Tokenized Dollars: Banks Gain Interest, Interoperability, Compliance
YOU HAVE QUESTIONS; WE BRING ANSWERS: What are the use cases for tokenized dollars? Can banks pay interest on them? Can a bank or credit union of any size benefit from joining the new Vantage Bank consortium for #tokenizedeposits &...
Banks Tout Openness While Erecting New Barriers
IRONIC that banks say this 👇 & are philosophically committed to tearing down walls, while many around us are building new walls. We're going permissioness, open & interoperable for #tokenizeddeposits & #stablecoins at @custodiabank & @Vantage_Bank. More: https://t.co/BbOHKvrcQv https://t.co/eZXnk5tQSl
First US Tokenized Deposits Consortium Officially Launched
🚨🚨🚨NEWS!! This has been in the works for more than 5 years; we were the first to issue #tokenizeddeposits on a permissionless blockchain in the US with our bank partner @Vantage_Bank in March; and now the consortium is officially launched!...
Fed Recognizes Value of Payment‑Only Banks, Custodia Celebrates
“Custodia welcomes the Fed’s acknowledgment of the importance of payment-only banks,” Caitlin Long, founder and chief executive officer of Custodia Bank, said in a statement on Tuesday. “We knew all along that a big but quiet faction at the Fed...
Discussing Bitcoin and Reining in Regulatory Overreach
JOINING MY LONGTIME PAL @CarlHigbie tonight at about 6:10pmET. I suspect we'll be talking about #bitcoin & fixing Biden/Warren's weaponization of the federal bank regulators against law-abiding companies... https://t.co/lt2OSeaS77
Custodia Secures Patent for U.S. Dollar Tokenization
ANOTHER ONE GRANTED TODAY! Congrats to the Custodia Bank team and to the Vantage Bank -sponsored consortium of banks and credit unions will gain the benefit of the premier patent portfolio pertaining to protocols for tokenizing U.S. dollars on blockchains,...
Gov Waller Admits Fed Error, Restores Bank Access
THANK YOU, Gov Waller, for realizing the terrible mistake the Fed made in blocking payments-only banks from Fed master accounts, and re-opening the access rules the Fed enacted to keep @custodiabank out. The Fed told courts that such firms would...
Tokenized Dollar Bridges Stablecoins and Traditional Deposits
WHAT IF A TOKENIZED DOLLAR could change its stripes from a tokenized bank deposit (TD) to a #stablecoin & back & forth, as it moves between holders? What if a bank could deliver wallets & custody directly into the core...
Government Uses Crypto Regulation to Entrap, DOJ Investigates Debanking
I CAN'T STOP THINKING ABOUT something I learned during #dcfintechweek: the Biden/Warren crew had a *strategy* of telling #crypto companies to get regulated solely as a means to gain information they could use to kill us with prosecutions, defamatory denials...
Waller Backs Stablecoins to Challenge Rent‑seeking Banks
FED GOV WALLER: several large incumbents have collected significant rents in payments, incl banks & certain networks (hint hint). Waller just embraced #stablecoins as a way to bring competition to the large rent-seekers 👏 https://t.co/geps4SEpVU
US Charges Cambodian Tycoon Over $15B Bitcoin Fraud
"The Bitcoin were previously stored in unhosted crypto wallets whose private keys the defendant had in his possession. Prosecutors declined to comment how they obtained control of the Bitcoin." --@business
Custodia Bank’s 2020 Stablecoin Vision Now Validated
HINT HINT: This👇 is why @custodiabank has had stablecoins in its business plan since early 2020. 😉 Thanks for the shout out, @pahueg
Leverage in Bitcoin: Foolishness Meets Market Ferocity
🎯“Crypto markets are magnificent in their raw ferocity.” —Eric Peters, One River A fool and their leveraged bitcoin are soon parted. https://t.co/rkONIxxaqo
Wyoming Bankers' Anti‑Blockchain Push Backfires with ND Stablecoin
IRONIC, amid news that Bank of North Dakota will issue a #stablecoin--the Wyoming Bankers Association lobbied hard to try to kill all things #blockchain in Wyoming + worked with the Fed to try to kill Wyoming SPDI banks (driven by...