BlackRock’s tokenized funds already work as collateral on crypto exchanges, but Bloomberg reports that bank acceptance, market infrastructure and regulatory certainty still limit wider use.

XRP Ledger’s cleanup amendment is exactly at the 29-validator threshold for an October 23 activation, while the lending amendments remain 8 to 10 votes short.

A BIS working paper finds higher bank deposit rates predict slower stablecoin growth, an effect identified from periods when the fed funds rate was above 3%, as it is again.

A trading market on MetaDAO approved $250,000 of spending for Rip Cars, a Hot Wheels startup, with the approval price finishing 11% above rejection and only eight traders.