BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing.
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Summary
- BNY and Citadel Securities completed a transaction showing how tokenized U.S. Treasuries can move from settlement into financing.
- The effort targets a key bottleneck in financial markets: moving government bonds used as collateral for trading and borrowing.
- BNY plans to expand digital cash services and traditional settlement hours as it works toward around-the-clock markets.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
