BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.

Chainlink and a multinational consortium of more than 50 banks across 16 countries launched Project Pangea at Point Zero Forum in Zurich, targeting real-time atomic settlement for the $9.6 trillion-a-day global foreign exchange market via Chainlink rails, Swift messaging, and regulated EUR and KRW stablecoins.

Ripple's RLUSD stablecoin went live in Japan on Tuesday after receiving approval from Japan's Financial Services Agency, becoming the first foreign-issued stablecoin classified under Japan's revised Payment Services Act.

Distributed tokenized real-world asset value slipped about 1.4% over the past month to roughly $31.5 billion, the first monthly decline of its institutional-led run, even as the number of holders climbed 14%, led by tokenized stocks, according to data from rwa.xyz.

Securitize, the tokenization platform behind BlackRock's BUIDL fund, is set to begin trading on the NYSE on July 2 under the ticker SECZ after a SPAC merger with Cantor Equity Partners II that raised over $400 million, including an oversubscribed $225M PIPE.

Ondo Finance has enabled around-the-clock minting and redemption for tokenized US stocks and ETFs on Ethereum and BNB Chain, removing the weekday-only constraint that had tied position creation and cancellation to US market hours.

US asset manager files for a GENIUS Act reserve money market fund whose shares are recorded directly on public blockchains, with Superstate as sub-transfer agent

Mark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social network on a direct collision course with crypto-native platforms like Polymarket and Kalshi.

SoFiUSD, the first stablecoin issued by a US national bank, crossed $150 million in circulating supply on Tuesday as Bullish became the first centralized exchange to list the token.

Scottish asset manager Baillie Gifford has launched BAGEY, the first publicly available, fully native UK-regulated tokenized bond fund, with BNY providing custody and wallet infrastructure across Solana and Ethereum.