Solana Foundation publishes open-source settlement standard tested in a Galaxy commercial paper deal
The code settles cash and assets in one on-chain transaction, and whether institutions beyond the single JPMorgan-arranged Galaxy trade accept it is the open question.
Anchorage Digital buys payments firm Routable, plans stablecoin and tokenized deposit offerings
Routable will operate under a new brand, and The Defiant reports the stablecoin and tokenized deposit offerings will roll out over the coming quarters
Founders Fund leads $5M Anvil token purchase as collateral protocol launches SDK
Pantera, Bullish, Theta Blockchain Ventures and Protoscale Capital joined the purchase; Anvil says the tokens came from its treasury and terms were not disclosed.
Rain seeks a US trust bank charter for stablecoin issuance and custody
The proposed subsidiary would manage stablecoin reserves and hold client assets without taking deposits or making commercial loans.