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. ...

LATEST: 🏦 JPMorgan has arranged Galaxy Digital's first commercial paper offering on Solana, with Coinbase and Franklin Templeton purchasing the tokenized debt in what is described as one of the first debt issuances executed on a public blockchain. https://t.co/lgo5kVy0PK ...

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]