Two US financial giants, Goldman Sachs and BNY Mellon, now allow institutions to invest in tokenized money market funds through Goldman’s blockchain. https://t.co/xzftsp55yK ...

据CNBC：高盛和纽约梅隆将推出代币化货币市场基金。 ...

Core Insights - Goldman Sachs and BNY Mellon are set to launch a tokenized money market fund, indicating a significant shift towards digital asset integration in traditional finance [1] Group 1: Company Developments - Goldman Sachs is expanding its product offerings by introducing a tokenized money market fund, which reflects its commitment to innovation in financial services [1] - BNY Mellon is collaborating with Goldman Sachs on this initiative, showcasing a partnership aimed at enhancing digital asset capabilities within the banking sector [1] Group 2: Industry Trends - The launch of tokenized money market funds represents a growing trend in the financial industry towards the adoption of blockchain technology and digital assets [1] - This development may signal a broader acceptance of tokenization in traditional finance, potentially attracting a new wave of investors interested in digital financial products [1]

高盛与 纽约梅隆银行将推出代币化货币市场基金。 ...

智通财经7月23日电，高盛与纽约梅隆银行将推出代币化货币市场基金。 ...

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Goldman Sachs and Bank of New York Mellon are set to announce that they've created the ability for institutional investors to purchase tokenized money market funds, CNBC has learned. Clients of BNY, the world's largest custody bank, will be able to invest in money market funds whose ownership will be recorded on Goldman's blockchain platform, according to executive ...

Core Viewpoint - The New York Mellon Bank suggests that the space for further easing by the European Central Bank (ECB) will reopen, despite expectations that the ECB will maintain its current policy in the upcoming meeting [1] Group 1: Economic Indicators - Eurozone government bond yields have risen, influenced by increasing U.S. and Japanese bond yields [1] - Unexpected declines in inflation rates in Nordic countries indicate potential negative surprises for future economic growth from the ECB's perspective [1] Group 2: ECB Policy Outlook - The market generally anticipates that the ECB will not change its policy in the upcoming meeting [1] - New York Mellon Bank forecasts that the ECB may not initiate interest rate cuts until at least September [1]

Core Viewpoint - The signing of the GENIUS Act by President Trump is paving the way for the issuance and regulation of stablecoins in the U.S., which may disrupt traditional banking systems in the next 2 to 3 years [1][2]. Legislative Developments - The GENIUS Act establishes a preliminary framework for stablecoin issuance and regulation, while the CLARITY Act aims to clarify the jurisdiction of the SEC and CFTC over the crypto market [1]. - These legislative advancements signify a shift in focus from policy debates to the actual construction of infrastructure in the digital asset market [2]. Market Growth Projections - The stablecoin market is expected to see moderate growth of approximately $25 billion to $75 billion in the short term, which will likely increase demand for U.S. Treasury securities, particularly short-term bills [2]. Banking Sector Response - U.S. banks are preparing for the stablecoin era, with management expressing readiness to offer stablecoin solutions, although there are concerns regarding specific use cases, especially in domestic payment scenarios [3]. - Major banks like JPMorgan and Citigroup are exploring stablecoin capabilities, with JPMorgan launching its deposit token (JPMD) and Citigroup investing in digital asset services [6][7]. Cross-Border Payment Opportunities - Despite skepticism about domestic applications, bank executives see viable use cases for stablecoins in cross-border payments, with some banks viewing this as a "greenfield" market [4]. Short-Term Impact on Domestic Payments - Most banks anticipate minimal short-term impact on their core domestic payment businesses from stablecoins, although competition in cash management services may intensify [5]. Bank Comments on Stablecoins - JPMorgan is actively entering the stablecoin and digital asset space, while Bank of America acknowledges small cross-border payments as a realistic application [6]. - Citigroup is focusing on tokenized services, despite high transaction costs for converting between fiat and stablecoins [6][7]. Digital Asset Applications - Banks are exploring four main application scenarios for digital assets: reserve management and custody services for stablecoins, transaction services, issuing their own stablecoins, and tokenized deposits [7][8]. Future Outlook - Various banks, including PNC and M&T, are developing digital asset services and assessing the feasibility of stablecoins as payment mechanisms, indicating a growing interest in the sector [9].

一纸法案的签署，正在为美国数字资产市场开启新的篇章，并可能重塑传统银行业的未来格局。 据追风交易台消息，美银美林的一份最新研究报告显示，随着美国为稳定币发行铺平监管道路，这一数字资产将在未来2至3年内，对传统银行的存款基础 和支付体系构成清晰可见的颠覆性影响。 最新的进展是，美国总统特朗普已正式签署《GENIUS法案》，为稳定币的发行和监管设定了初步框架。与此同时，旨在划分美国证券交易委员会 （SEC）和商品期货交易委员会（CFTC）对加密市场管辖权的《CLARITY法案》也已在众议院获得通过，目前这两项法案均已移交参议院审议。 这一系列立法进展标志着监管的破冰，市场焦点正迅速从政策博弈转向基础设施的实际建设。据美银全球研究利率策略团队预测，短期内稳定币市场将迎 来约250亿至750亿美元的温和增长，这一增量资金预计将提振对美国国债的需求，尤其是短期国库券。 报告强调，真正的变革将在中期显现。随着稳定币的整合与普及，其对现有金融体系的冲击将愈发明显，届时银行将直面来自数字货币的竞争压力。而随 着美国稳定币监管框架初步落地，银行业正处于积极布局与谨慎观望的十字路口。 银行积极布局，但对用例仍存疑虑 美国银行业已 ...

Group 1 - Standard Chartered Group has announced the launch of spot trading services for Bitcoin (XBT/USD) and Ethereum (XET/USD) through its UK branch, becoming the first global systemically important bank to offer such services [1] - Major global systemically important banks (G-SIBs) including Citigroup, JPMorgan, Morgan Stanley, and others are actively engaging in the cryptocurrency sector, with JPMorgan recently introducing a stablecoin-like token named JPMD for institutional clients [1][2] - The U.S. Congress has passed three bills related to stablecoins and cryptocurrencies, indicating a move towards more favorable regulatory policies for the cryptocurrency market [3] Group 2 - European banks such as UBS, Deutsche Bank, and HSBC are also entering the cryptocurrency space, with UBS successfully piloting a blockchain-based cross-border payment solution and Société Générale issuing a euro-based stablecoin [4] - Several international banks are forming partnerships with Chinese institutions, with HSBC launching a tokenized deposit management solution in Hong Kong and Deutsche Bank collaborating with Ant Group to explore tokenized deposits and stablecoin solutions [4] - The establishment of more platforms and subsidiaries by major banks aims to build a cryptocurrency ecosystem, with JPMorgan, Citigroup, and Société Générale creating dedicated digital asset platforms [5] Group 3 - The behavior of stablecoin users is seen as a threat to traditional banking operations, as businesses increasingly prefer to hold stablecoins for payments and liquidity management, which could weaken banks' control over funds [6] - Banks are responding by seeking to create "tokenized deposits" to enhance liquidity and customer engagement while maintaining regulatory compliance [6]