In traditional markets, the U.S. Dollar Index jumped to 102.53 early today, the highest since April 2025, extending its rise from the Sept. 9 low of 98.60.
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S. dollar settlement.
NU7 cuts the target block time from 75 seconds to 25, giving exchanges, wallets and developers a live rehearsal before a planned November mainnet launch.
Crypto firms have spent years building financial products on blockchains. Getting people to use them — and keep using them — is becoming the next challenge.
As AI agents evolve from answering questions to spending real money, investors and tech giants are scrambling to control the financial networks powering machine-driven commerce.
Tokenization is not just about putting individual stocks and funds onchain. The next step could be entire investment portfolios that can be traded, rebalanced and eventually managed in real-time.
Progress will effectively reset when the new Congress is sworn in, because key senators who quarterbacked the bill will not be on the ballot again, writes the Cato Institute's Ryan Chan-Wei.