The line between crypto and finance is closing.
SEC clearing agencies are crypto-native. DTCC is tokenizing on public chains. Banks are issuing stablecoins.
Today we're launching Digital Asset Brief — a biweekly publication for the teams operating at the seam.
. @arc is now live on Dune.
Arc, a Layer-1 blockchain developed by Circle for stablecoin finance, launches mainnet today, with DTCC, ICE, and MoneyGram among the founding validators helping secure the network.
Payments, FX, lending, treasury, capital markets settlement, all Arc
PAX Gold and Tether Gold sit next to each other on holder accounts, 86,041 against 78,189.
Over 30 days, PAX Gold added 1.8% and Tether Gold 22.5%.
Dune tags every product with its instrument type, so you can compare a product against its real peers on holders, growth,
Kraken's xStocks vaults went live yesterday. Veda provides the infra, Sentora curates the strategy and risk, the collateral lands in Kamino lending markets on Solana.
Three vaults at launch: SPYx $55.7k, NVDAx $28.5k, QQQx $12.2k, joining the Kraken DeFi Earn program running
Tokenized assets end up in very different venues depending on what they are. Equities have by far the largest presence at exchanges, and are the only class with meaningful DEX liquidity; credit has the largest share in lending protocols; money market funds sit at rest on large