PDAXScope: BTC dips, Visa report on $40T credit, China fund

Bitcoin Tumbles Below $109K; Tightening Liquidity Key to Crypto's Struggles (CoinDesk)

Bitcoin slipped about 2% in an hour to $108,800, giving up much of its earlier rebound from Friday’s crash, as reported by CoinDesk. The rest of the market followed suit with Ethereum ($3,909), XRP ($2.34), and Solana ($185) all dropping roughly 3% in the same timeframe. Analysts state crypto’s struggle stems from tightening liquidity, with less capital flowing into risk assets. The pullback shows how fragile sentiment remains despite recent attempts at recovery.

Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market (Decrypt)

Visa’s new report suggests stablecoins could eventually help bridge the $40 trillion U.S. credit market by powering faster, more efficient payments and lending, as reported by Decrypt. The report highlights how blockchain-based stablecoins could integrate with traditional credit systems over time.

$3.8B fund tokenized on BNB marks China’s boldest RWA move yet (CryptoSlate)

China Merchants Bank’s Hong Kong unit has tokenized a $3.8B money market fund on the BNB Chain, moving traditional finance assets onto blockchain, as reported by CryptoSlate. This would mean that accredited investors can now subscribe with fiat or stablecoins and redeem in real time via smart contracts. This is seen as China’s boldest move yet in RWA (real-world asset) tokenization, reportedly signaling major institutional interest in digital finance infrastructure.

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