2026-01-16 10:29:02

Traditional financial institutions are accelerating their deployment of digital assets. State Street has launched a digital asset platform focused on developing tokenized money market funds and cash products, marking Wall Street's official move into on-chain finance.

The trading infrastructure layer is also being upgraded. Interactive Brokers has initiated 24/7 USDC funding support and plans to add Ripple's RLUSD and PayPal's PYUSD as early as next week, further enriching stablecoin options.

Innovative stablecoin solutions are also emerging. Generic Protocol has launched GUSD, claimed to be the first native privacy stablecoin, aggregating liquidity from USDC, USDT, and USDS, and offering optional privacy features and routing yields on Ethereum—this is a typical example of stablecoins evolving from a single form to multi-chain, multi-functional assets.

In market financing, BitMine has invested $200 million in equity into Beast Industries, owned by MrBeast, linking Ethereum ecosystem vaults with creative industries. These actions point in one direction: on-chain finance and Web3 applications are moving from niche to mainstream.

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PumpBeforeRug

· 14h ago

Is Wall Street really going all in? State Street is moving so quickly that I haven't even fully reacted... This is how traditional finance enters the scene; once they start, they can't stop. The era of diverse stablecoins has arrived. MrBeast is investing 200 million USD—ridiculous. This is about completely binding crypto with mainstream entertainment. Wait, are there really that many demands for privacy stablecoins? I feel like it's a bit over-designed... There are too many trend-following institutions now, but few can truly implement it. Just watch.

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BlockchainBard

· 14h ago

Wall Street really can't sit still anymore, even State Street has taken action. The mainstreaming process is really accelerating. Interactive Brokers is offering 24/7 USDC, and next week they'll introduce RLUSD and PYUSD. The competition among stablecoins is getting fiercer. The idea of generic privacy stablecoins is pretty good, but it seems like someone is already working on similar projects. Who will be the ones to truly survive? MrBeast's investment is quite interesting—combining Web3 with the creative industry. This is a big move.

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SandwichDetector

· 14h ago

Wall Street has really entered the market, and this time feels different... State Street's move is too crucial. More and more stablecoins are choosing to enter, but I'm a bit worried that liquidity might be dispersed. MrBeast is investing 200 million? Web3 is really breaking out, but can this ecosystem withstand it?

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MetaverseLandlady

· 14h ago

State Street's entry is really a turning point; Wall Street is finally dropping the act. With so many stablecoin options, it's actually more chaotic? Forget it, just hold. MrBeast investing 200 million—are they treating Web3 as entertainment or truly believing in it? Are privacy stablecoins just a gimmick or a necessity? You only realize after using them. The tycoons are here to split the cake; how many slices can we retail investors get?

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