Search results for "USDP"
2026-03-04
10:20

Tokenized gold market capitalization surpasses $6 billion: Tether and Paxos lead the digital gold investment surge

February 13 News, despite recent significant fluctuations in physical gold prices, the tokenized gold market continues to show strong growth, with a total market capitalization surpassing $6 billion. According to Dune data, since the beginning of the year, the market cap of tokenized gold has increased by over $2 billion, currently reaching $6.12 billion, with more than 1.2 million ounces of physical gold locked in, indicating that investor demand for blockchain-backed gold tokens continues to grow. Tether Gold (XAUT) maintains its leading position with a market cap of $3.5 billion, accounting for more than half of the total tokenized gold market. Tether CEO Paolo Ardoino stated that the company plans to increase its gold allocation to 10% to 15% of the overall investment portfolio and to add 27 metric tons of gold in Q4 2025 to accelerate its gold accumulation strategy. Tether has also strategically invested approximately $150 million in precious metals platform Gold.com, acquiring a 12% stake, and plans to integrate XAUT into its platform to expand gold access through both digital and traditional channels. Additionally, they are launching the Scudo measurement unit, with each unit representing 1/1000 of XAUT.
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XAUT-1.19%
PAXG-1.07%
08:14

ABA pressures OCC to halt crypto bank license review: Ripple, Circle caught in regulatory storm again

February 12 News, in 2026, the American Bankers Association (ABA) officially sent a letter to the Office of the Comptroller of the Currency (OCC), demanding an immediate halt to the review of national banking charters for multiple cryptocurrency companies, including Ripple, Circle, and other related applicants. This move is seen as a strong countermeasure by the traditional American banking system against the expansion of the digital asset sector. The ABA stated in the letter that, before Congress completes the cryptocurrency financial regulatory framework, the OCC should not continue processing these applications at the traditional banking approval pace. The association emphasized that regulatory agencies must thoroughly assess the applicants' compliance responsibilities, capital structure, and potential systemic risks before issuing any charters.
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05:34
1

U.S. banking lobbying group warns "too rapid approval": OCC crypto license approval faces significant resistance

On February 12, the largest banking lobbying organization in the United States—the American Bankers Association (ABA)—submitted a comment letter to the Office of the Comptroller of the Currency (OCC), urging it to slow down the approval process for cryptocurrency-related licenses until Congress completes rules for stablecoins and digital assets. The association warned that prematurely approving new digital asset institutions into the national banking system could pose potential risks to financial stability and resolution mechanisms. Currently, institutions including Circle, Ripple, BitGo, Paxos, and Laser Digital (a subsidiary of Nomura Securities) are applying for or already hold OCC conditional trust bank licenses. World Liberty Financial, associated with Trump, also submitted an application covering its $1 stablecoin. The ABA believes that, in the absence of the implementation of the GENIUS Act and its supporting regulations, the OCC should not follow the traditional approval pace.
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TRUMP-3.76%
WLFI2.56%