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Coinbase and stablecoin startup BVNK have ended their $2B acquisition deal after a due diligence review, per Fortune.

The decision follows findings from the due diligence process that led both sides to call off the agreement.

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Ethereum leads stablecoin growth, adding $84.9B over the past 12 months, per Artemis.
The network remains the top platform driving the expansion of the stablecoin market.

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JPMorgan launches JPM Coin, a deposit token for institutional clients on Base, per Bloomberg.

It enables instant 24/7 settlements, enhancing efficiency and transaction speed.

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JPMorgan and DBS are developing a tokenization framework for interbank deposits.

The initiative aims to enhance efficiency and liquidity across the banking network.

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SoFi Bank has launched crypto trading, becoming the first nationally chartered bank to let consumers buy, sell, and hold crypto.

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📌#ADA/USDT (LONG)

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