🔎 Today’s Daily Sift: Crypto/Blockchain
Crypto is becoming financial infrastructure.
And today the infrastructure is being tested.
Bitcoin is trading around $79,000 after US spot Bitcoin ETFs attracted approximately $987 million last week.
But Ethereum, Solana, XRP and Hyperliquid fund inflows fell sharply.
The institutional bid is still there.
It is becoming selective.
Meanwhile, global stablecoin supply has reached roughly $291.5 billion.
USDT and USDC control about 88.5 percent of it.
Digital dollars are quietly becoming blockchain infrastructure.
Then India moved another piece of traditional finance onchain.
REC raised ₹500 crore through what is being reported as the country’s first tokenized corporate bond issuance, using blockchain based settlement infrastructure.
That is the future arriving without a token launch.
But crypto also delivered a warning.
Liquid Network paused after roughly 4,000 BTC worth about $320 million was withdrawn from its federation wallet...
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