Episode 450
📍 Franklin Templeton has expanded its money market fund to the Solana blockchain, marking a significant institutional investment move into the crypto space ahead of rival BlackRock.
📍 SEC Commissioner Hester Peirce stated that many memecoins likely fall outside the regulator's jurisdiction, signaling a shift towards a more hands-off approach to crypto regulation under the newly-created Crypto Task Force.
📍 Cardano, a proof-of-stake blockchain, aims to provide a sustainable and interoperable ecosystem for enterprises, governments, and financial institutions, with a focus on formal verification and peer-reviewed advancements to improve upon the technology behind Bitcoin and Ethereum.
📍 Circle's USDC stablecoin has hit a record market cap of over $56 billion, surpassing its 2022 peak and recovering from the 2023 banking crisis, as stablecoin demand soars and provides a bullish signal for crypto markets despite declining token prices.
