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Stress test? What Biden’s bank bailout means for stablecoins

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A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.

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UniCredit seeks infrastructure partner for crypto trading, custody: Report

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The Italian bank is reportedly seeking assistance in launching access to crypto trading, custody and tokenized investment products.

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Coin Market

Robinhood’s crypto volume increases 61% in August, still down 38% YoY

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Bitstamp accounted for $10.1 billion of Robinhood’s August crypto volume, while trading on the Robinhood app fell 46% from a year earlier.

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India launches tokenized bond pilot with $107M issued

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SEBI said later phases of Demat 2.0 will introduce secondary trading and open the tokenized bonds to retail investors.

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