Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street locks them out
The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves.
- Tassat has launched Project NENYA, a stablecoin reserve management platform designed to help regional and midsize U.S. banks compete for deposits now concentrated at a few specialist institutions.
- The platform, expected to begin pilot activity in early 2027, will create a shared marketplace where regulated stablecoin issuers can allocate reserves across banks and tokenized high-quality liquid assets while monitoring pricing, liquidity and counterparty risk.
- Tassat’s CEO argues that as the stablecoin market grows toward multi-trillion-dollar scale, spreading reserves beyond a small circle of large banks is necessary to reduce liquidity and deposit risks and to keep smaller banks from being shut out of the system.
- 1 Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm 13 minutes ago
- 2 A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech 4 hours ago
- 3 Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures 7 hours ago
- 4 Crypto for Advisors: Stablecoins are ready for prime time 7 hours ago
- 5 Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa 8 hours ago
- 6 Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence 9 hours ago
- 7 Ethereum’s four-minute settlement plan could lower the cost of moving crypto 10 hours ago
- 8 Crypto traders seek shelter in bitcoin as altcoins slide and ETF flows wobble 11 hours ago
- 9 Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines 12 hours ago
- 10 Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion 12 hours ago
Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech
Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
Live updates: Bitcoin falls back to $81,000, with interest rates tumbling as stocks crack
Original sourceCoinDesk
The original source remains the canonical version for attribution, rights, and later updates.
Read original ↗Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.
← Back to latest