The Blog

Recovery trust schedules $2.2B payout March 31 — how that 15% crypto-loan recovery ripples to lenders

FTX schedules ~$2.2B bankruptcy distribution for March 31–April 3; whether payout will pressure Bitcoin is unresolved

UK pilot shows tokenized deposits can settle remortgages on-chain

BMO becomes first bank on CME's Google Cloud tokenized-cash ledger — and it exposes 24/7 counterparty exposure

BMO rolls out CME tokenized cash on Google Cloud, enabling 24/7 margin and settlement

Coinbase custody routes crypto down payments into Fannie Mae conforming mortgages

Better and Coinbase will accept Bitcoin or USDC as mortgage down payments — but won’t liquidate until sustained delinquency

New dual-loan crypto home product ties collateral to Coinbase Prime — and exposes added counterparty risk for mortgages

CLARITY Act would ban stablecoin yields — a direct hit to crypto lending models