#stablecoin-reserves

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Cryptocurrency
fromnews.bitcoin.com
2 weeks ago

Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure

Coinbase becomes USDC treasury deployer on Hyperliquid, routing most reserve yield to HYPE holders while USDH sunsets and USDC becomes the canonical quote asset.
fromnews.bitcoin.com
2 weeks ago

JPMorgan Eyes Ethereum Again With Second Tokenized Treasury Fund

JPMorgan filed with the SEC to launch JLTXX, its 2nd Ethereum tokenized fund, via Kinexys Digital Assets. JLTXX must hold 100% short-term U.S. Treasuries, aligning with GENIUS Act stablecoin reserve rules. Blackrock's BUIDL surpassed $2.8B in AUM by early 2026, setting the pace in tokenized Treasury competition.
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