According to ME News, on December 22 (UTC+8), data from CoinFoundry showed:
- Commodity market capitalization: $3.76 billion (7-day +1.31%)
- Government bond market value: $1.2 billion (7D +0.33%)
- Institutional fund market capitalization: $2.92 billion (7-day +5.07%)
- Private lending market capitalization: $28.3 billion (7D -18.01%)
- US Treasury bond market value: $8.84 billion (7D -1.5%)
- Corporate bond market value: $260 million (7D -0.34%)
- X-Stock Market Cap: $620 million (7D -3.08%)
Market Dynamics:
- US lawmakers have proposed tax breaks for small stablecoin payments and staking rewards, including a proposed exemption from capital gains tax on stablecoin transactions under $200.
- Ethereum has become the settlement layer for global dollar liquidity, processing approximately $90 billion to $10 billion in stablecoin transfers daily.
Summarize:
- Institutional participation has increased significantly, with major financial institutions such as DTCC, JPMorgan, and Standard Chartered launching tokenized government bonds and money market funds, marking an accelerated migration of traditional finance to blockchain. (Source: ME)
