For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
--
Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.
Spot gold is trending higher in the short term, currently trading at $4098.99 per ounce; Spot silver rose $2 during the day, now reporting at $59.67 per ounce, an increase of 3.47%.
US President Trump posted on social media that the Strait of Hormuz is open to all ships except Iran, as the Iranian leadership is leading the country towards destruction. Trump has decided to replace the 20% toll charged by the United States with trade and investment agreements reached between Gulf countries and the United States.
Circle has partnered with JCB, Japan's largest credit card network, to introduce USDC to its 40 million covered merchants for cross-border and daily transactions. （CoinDesk）
