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.
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Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Sam Altman-backed World Network secures $52.5 million in fresh funding to fight online AI deepfakes
Institutional crypto trading platform LMAX is exploring sale, IPO
Crypto market maker B2C2 held sale talks with multiple potential buyers
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