AGP Executive Report
Last update: 4 hours agoBanking Goes Onchain: JPMorgan has deployed its deposit-backed JPM Coin on Ethereum for approved institutional clients, enabling round-the-clock transfers and settlement. Deutsche Bank is also preparing digital-asset custody services. Stablecoin Safeguards: Mastercard is opening a tool that screens stablecoin payments for fraud, scams and sanctions risks before completion, with a North American launch planned first. Crypto Reaches More Customers: SoFi added Pudgy Penguins’ PENGU token to its banking app; the token rose 8.9%. Germany’s Sparkassen network has also begun rolling out trading in Bitcoin, Ether, XRP, Solana and Polygon. Payments Growth: Stablecoin transfers reached $891 billion in the third quarter, more than four times the level seen in early 2023, as banks and businesses expand testing and adoption. Tokenized Shares Face Resistance: Seven more companies objected to OKX-ICE’s tokenized-stock venue, bringing the disclosed total to 16. Illicit-Funds Probe: ZachXBT linked more than $20 million in suspected illicit funds to the FreedomXMR service on Hyperliquid.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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