Yield-bearing stablecoins aim to keep a dollar-like value while paying holders a return, but that feature places them outside the category of plain payment stablecoins and introduces very different risks.

Binance has added Anchorage Digital to its triparty banking network, allowing eligible institutional clients to trade on the exchange while keeping assets in segregated custody through Anchorage’s Atlas platform.

The IMF says tokenized finance can improve settlement, liquidity, and efficiency, but warns that weak policy coordination, fragmented ledgers, and ultra-fast transactions could amplify instability. Industry estimates put tokenized assets at up to $300 billion in 2026 including payment stablecoins.

ETF assets have grown to $21.91 trillion, while tokenized real-world assets remain a much smaller market. Still, BlackRock, Franklin Templeton and other institutions are pushing tokenization from pilot stage toward commercialization.

Tokenized real-world assets have reached $43.1 billion, up 36.9% in 180 days, with tokenized funds dominating the market and Ethereum holding the largest share among blockchains.

A packed 24-hour cycle in crypto brought a mix of regulatory developments, exchange stress, security breaches and fresh ETF flow data. Coinbase said it has settled its Freedom of Information Act lawsuit with the U.S. Securities and Exchange Commission, with the SEC agreeing to pay $150,000 and revise its record-retention policies after missing communications tied to former Chair Gary Gensler. In South Korea, combined daily trading volume across the country’s five largest won-based crypto exchanges fell 88% from a year earlier, while Korbit sold BTC and ETH holdings to raise cash. SEC Commissioner Hester Peirce also warned that moving vaults and lending strategies on-chain does not automatically place them outside federal securities laws. On the security front, algorithmic stablecoin Balance Coin crashed more than 99% after an oracle attack, and several other incidents highlighted operational and key-management risks across the sector. Meanwhile, spot Bitcoin ETFs logged a sixth straight day of net inflows and spot Ether ETFs extended their inflow streak to three days, according to SoSoValue data.

Securitize expects about $400 million in gross proceeds before expenses ahead of its NYSE debut through a merger with Cantor Equity Partners II. If approved, the deal is set to close on July 1, with trading under SECZ expected on July 2.

Ethereum’s tokenized real-world asset market has surpassed $17 billion, up 315% from roughly $4 billion a year ago, driven by tokenized money-market funds and Treasury-backed products.