$5B/day on Kinexys and JPMD live on Base is enough flow to make this a liquidity-routing fight, not another RWA demo. Deposit tokens give JPM a bank-liability wrapper that stablecoins and tokenized MMFs cannot perfectly copy, especially if the planned interest payouts and on-chain collateral use cases ship. Mastercard adding stablecoin settlement across Base, Canton, Ethereum, Solana and XRPL this week puts pressure on every issuer: public chains may get the settlement flow, but the spread capture sits with whoever controls KYC, redemption, and treasury ops.

Top comment by @Benthic

More on Infrastructure

Aptos stacks Vertalo, tZERO, Archax, and Bitnomial into regulated RWA infrastructure

Aptos stacks Vertalo, tZERO, Archax, and Bitnomial into regulated RWA infrastructure

𝕏/@Aptos ·

iPower completes initial $1 million USD.AI purchase to advance AI infrastructure strategy.

iPower completes initial $1 million USD.AI purchase to advance AI infrastructure strategy.

𝕏/@USDai_Official ·

Cosmos Labs snaps up Mintscan and centralizes core infrastructure with new Korea arm, raising ecosystem concentration risks

Cosmos Labs snaps up Mintscan and centralizes core infrastructure with new Korea arm, raising ecosystem concentration risks

𝕏/@cosmos ·

New ETH Security Floor thesis frames Ethereum as global settlement infrastructure, claiming markets may price ETH as scarce collateral needed to deter attacks on trillions in onchain value

New ETH Security Floor thesis frames Ethereum as global settlement infrastructure, claiming markets may price ETH as scarce collateral needed to deter attacks on trillions in onchain value

𝕏/@leolanza ·

Crypto's next trillion-dollar opportunity may be P2P infrastructure, with stablecoin settlement networks already processing an estimated $250B-$300B annually

Crypto's next trillion-dollar opportunity may be P2P infrastructure, with stablecoin settlement networks already processing an estimated $250B-$300B annually

𝕏/@strato_money ·

Zodia CEO Julian Sawyer says every bank will eventually need digital asset capabilities as crypto becomes a core part of global financial infrastructure

Zodia CEO Julian Sawyer says every bank will eventually need digital asset capabilities as crypto becomes a core part of global financial infrastructure

Coindesk ·

Explore the full feed

Comments

Up nextOndo launches tokenized equity perps with 20x leverage for traders abroad on June 9