London Metal Exchange Explores Hong Kong Metal Tokens for Financing
LME is exploring tokenized off-warrant metals in Hong Kong for financing, Reuters reports. The proposal remains at an early stage.
The Story of the Day highlights the most important, influential, or market-moving development in the crypto ecosystem. This section focuses on a single major headline each day, delivering clear context, sharp insights, and a concise breakdown of why the story matters for traders, investors, and the broader industry. It brings forward the news item with the biggest impact, offering readers a quick and reliable pulse check on the day’s key event.
Bitwise models Bitcoin at $1.6 million in its 2036 base case and $3.67 million in its bull case, with adoption assumptions and significant risks.
RLUSD goes live on Coinbase’s retail and institutional platforms across XRPL, Base and Ethereum, while Global Exchange collateral support remains planned.
Ethena Pay’s optional Earn+ vault targets up to 12% APY through a leveraged USDe strategy, with tier-based limits and variable rewards.
Google’s MPC service is being tested by financial institutions and Alphabet, with commercial availability planned for early 2027.
Data incidents at Coinbase, Bithumb, Daishin and Mirae Asset have different confirmed impacts. CZ urges stronger login, withdrawal and anti-phishing controls.
Scott Bessent backs SEC and CFTC action after the CLARITY setback, while arguing that dollar stablecoins can expand demand for US government debt.
RLUSD is live on Robinhood Chain and Bitstamp, with Robinhood app access planned this year as the firms expand treasury and brokerage ties.
Ripple adds AI automation and 24/7 Returns to corporate treasury, with qualifying RLUSD balances eligible and companies choosing workflow approval settings.