jpmorgan issued $50m commercial paper on solana because corporate treasurers cant wait 12 seconds for ethereum blocks when managing working capital. $1.2 trillion market needs same-day settlement. solana gives them instant finality at $0.00025 vs 2-3 days through traditional rails. corporate treasury operations dictate chain selection. ...

jpmorgan just used usdc to settle $50m commercial paper on solana. the $1 trillion cp market now has its settlement currency. circle gets 2.5 basis points on every dollar that moves. that's $250m annual revenue at just 1% market penetration. every bank that follows locks usdc deeper. ...

Blockchain & Digital Assets - JPMorgan arranged Galaxy Digital's first commercial paper offering on Solana [1] - Coinbase and Franklin Templeton purchased the tokenized debt [1] - The transaction is described as one of the first debt issuances executed on a public blockchain [1]

What happens when Wall Street meets the blockchain?Real world assets get tokenized - like today’s commercial paper issuance by @JPMorgan on @Solana.Onchain was always inevitable.Coinbase Institutional 🛡️ (@CoinbaseInsto):Wall Street is putting the blockchain to work in capital markets.Today, @jpmorgan arranged a US commercial paper issuance for @galaxyhq on @solana - one of the first debt securities issued on a public blockchain in the U.S., with tokenization, USDC rails, and custody powered by https://t.co ...

Financial Strategy - Stanford University increased its commercial paper program by 50% to $1 billion from $500 million [1] Industry Trend - US higher education institutions are increasing commercial paper programs [1] - Colleges are facing federal funding pressures [1]

Market Demand for BTC Exposure - Money market funds, short-term T-bills, commercial paper, and USD bank accounts show the highest demand for BTC exposure [1] - These are short duration capital sources with low/no lockup, yield-starved in real terms for decades [1] - The total addressable market (TAM) is $329 trillion [1] Investment Preference - Offerings with the shortest effective duration appear to have had the largest initial IPO, indicating a preference for shorter-term investments [1]