Shiba Inu, one of the largest meme coins in the crypto space, has gone live on Solana through Sunrise, giving Solana market access to the Ethereum token's canonical form. The move brings SHIB onto the Solana network via the Sunrise integration. The listing provides Solana market participants with access to the canonical form of the Ethereum-based token.
US Senate Report: Over $34.6 Million in USDT Flowed Out of Iran-Linked Wallets
Democratic staff of the Permanent Subcommittee on Investigations (PSI) of the US Senate Homeland Security and Governmental Affairs Committee published a report on September 28 examining Iran-linked funding networks. According to the report, of 39 wallets that Israel's National Bureau for Counter Terror Financing (NBCTF) designated for seizure in June 2023 as being tied to a figure involved in Hezbollah money laundering, Tether, the issuer of USDT, failed to freeze 34 of them until March 2024, and more than $34.6 million in crypto assets flowed out during that period. The investigation analyzed 846 wallets that US and Israeli authorities had identified as linked to the Iranian government or its proxy forces, and found that 84 percent of them transacted solely or almost solely in USDT. The report noted that relying only on freezes after designation cannot adequately prevent the outflow of funds, and called on stablecoin issuers to continuously monitor high-risk transactions by counterparties and their customers.
USDT · Regulation · Negative US Senate PSI report says Tether failed to freeze 34 of 39 Israel-designated Iran/Hezbollah-linked wallets, letting over $34.6M in USDT flow out, and calls for stricter stablecoin monitoring.
Tether · Regulation · Negative US Senate PSI report says Tether failed to freeze 34 of 39 Israel-designated Iran/Hezbollah-linked wallets, letting over $34.6M in USDT flow out, and calls for stricter stablecoin monitoring.
SEC Approves First 3x Leveraged Crypto ETPs as Bitcoin Holds Near $85,000
The U.S. Securities and Exchange Commission on Friday approved a Cboe BZX rule change allowing the exchange to list six triple-leveraged exchange-traded products from Volatility Shares, a first-of-its-kind step that could expand leveraged exposure to the world's largest cryptocurrency. The products target three times the daily performance of bitcoin, ether, gold, silver, crude oil and natural gas, with the bitcoin and ether products providing leveraged exposure through futures rather than directly holding the cryptocurrencies. The decision does not mean the products are immediately available for trading, as registration requirements must still be completed before shares can be publicly offered. Bitcoin traded at $84,860.5 as of 01:29 ET, little changed over the past 24 hours, after briefly climbing above $87,000 earlier in the week. The approval adds another potential route for investors seeking cryptocurrency exposure after the SEC separately proposed changes to crypto custody rules this week, a proposal that was a major focus for Bitcoin markets on Friday.
DTCC Launches Tokenization Service as Wall Street Settlement Moves On-Chain
The Depository Trust & Clearing Corporation announced the DTCC tokenization service on May 4, 2026, a platform designed to bring Russell 1000 components, ETFs, and US Treasuries onto distributed ledgers. With over 50 firms including BlackRock, Goldman Sachs, JPMorgan, Circle, Ondo, and Nasdaq participating, the service moved into limited production in July 2026 following a December 2025 SEC No-Action Letter. DTCC CEO Frank La Salla said tokenization will significantly change how markets operate by bringing new levels of liquidity, transparency, and efficiency to investors, while Brian Steele of the DTCC added that the service is designed to provide systemic scale where deep liquidity already lives. The infrastructure shift extends beyond the DTCC: Nasdaq secured SEC approval on March 18, 2026, under Release 34-105047, to facilitate tokenized settlement on the same order book, ticker, and CUSIP as traditional assets, NYSE Arca followed with rule change SR-NYSEARCA-2026-45 effective April 29, 2026, and the broader NYSE received approval for its own related filings on April 17, 2026. The SEC issued a five-year conditional innovation exemption on September 17, 2026, specifically for tokenized NMS stocks, while the CFTC clarified through Staff Letter 25-39 and an updated FAQ on September 24, 2026, that tokenized collateral may be used for derivatives margin. The tokenized asset market tracked by rwa.xyz stood at approximately $38.6 billion as of late September 2026, up from $2 billion in 2022, with tokenized Treasuries accounting for $14.7 billion to $15.65 billion of that total, led by BlackRock's BUIDL at $2.70 billion, Circle's USYC at $2.60 billion, and Ondo's USDY at $2.23 billion. A June 1, 2026, Citi report estimates a base case of $5.5 trillion in tokenized assets and $1.9 trillion in stablecoins by 2030, though it warns of a messy period in which tokenized and legacy systems operate side by side.
DTCC · Technology · Positive DTCC launched its tokenization service bringing Russell 1000 components, ETFs, and US Treasuries onto distributed ledgers, moving into limited production in July 2026.
BLK · Demand · Positive BlackRock's BUIDL tokenized Treasury fund is named as the market leader at $2.70B and BlackRock participates in the DTCC tokenization service, expanding its tokenized product adoption.
NDAQ · Regulation · Positive Nasdaq secured SEC approval under Release 34-105047 to facilitate tokenized settlement on the same order book, ticker, and CUSIP as traditional assets.
CRCL · Demand · Positive Circle participates in the DTCC tokenization service and its USYC tokenized Treasury product is cited at $2.60B, indicating growing adoption of its tokenized offerings.
GS · Demand · Positive Goldman Sachs is named among the 50+ firms participating in the DTCC tokenization service, positioning it in the on-chain settlement infrastructure.
JPM · Demand · Positive JPMorgan is named among the 50+ firms participating in the DTCC tokenization service, positioning it in the on-chain settlement infrastructure.