The bank has started to supplement the underlying facilities for 'traditional funds + on-chain funds' to run together. Finzly released Token Galaxy today, and the core is not a single stablecoin, but rather allowing banks to handle traditional currency, stablecoins, and tokenized deposits within the same system. What is more important than the concept this time is that it has started to be implemented.
The enterprise side has started to incorporate stablecoin payments into real processes. BitGo announced today a partnership with Stable Sea to support enterprises in managing Bitcoin and stablecoins in a compliant custodial environment, also covering B2B stablecoin payments. Today I will focus more on BTC. Real use cases are progressing, which is more worthwhile to observe than just discussing concepts.
Are you more concerned about the price or the practical application?
Nasdaq and Kraken have begun to advance on-chain securities to more specific stages. Reuters mentioned today that the focus will be on corporate actions, proxy voting, and shareholder interactions. Such news may not immediately reflect in prices in the short term, but it will influence how the market views RWA-related themes later. Today I will pay more attention to ONDO. Have you been focusing more on prices or the progress of on-chain applications recently?
International oil prices once approached 120 dollars per barrel, then fell back to around 90 dollars, and market sentiment is also recovering. Today's feedback on BTC is more direct, and I will continue to see if ETH can keep up. My observation is: if the mainstream continues to strengthen, the rebound elasticity of ETH is more worth watching.
Today the market is not just watching the coin price. Reuters mentioned today that Brent oil briefly approached $120 per barrel, putting pressure on global risk assets.
I am more focused on BTC today. My observation is: macro disturbances are still present, first look at the rhythm in the short term, then look at the direction.
Are you more concerned about BTC volatility or market sentiment? #BTC #Crypto #Macro #Market