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Major repo market participants are shifting core settlement infrastructure onto distributed ledgers, using tokenized cash and securities to compress settlement windows and reduce counterparty risk.
The XRP Ledger processed the asset leg of a pilot tokenized U.S. Treasury redemption in under five seconds, triggering a coordinated fiat settlement through Mastercard’s…
JPMorgan Chase CFO Jeremy Barnum warned on that yield-bearing stablecoins could “create a dangerous parallel banking system,” arguing they replicate deposit-like…
JPMorgan Chase is taking another concrete step into blockchain-based finance, rolling out a tokenized money market fund on the Ethereum network.
