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Tokenized US Treasurys were one of the biggest growth areas of the RWA market, rising from a market capitalization of $3.9 billion at the start of 2025 to more than $15 billion.
Acting US Attorney General Todd Blanche said developers will no longer be investigated or charged unless they knowingly help third parties commit crimes.
Banking Circle's stablecoin settlement launch follows its CASP approval, entering a crowded market with SocGen, Sygnum and a 12-bank euro stablecoin consortium.
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