According to Cointelegraph, banks and financial institutions are exploring the use of tokenized bank deposits, which involve recording bank balances on a blockchain. However, Omid Malekan, an adjunct professor at Columbia Business School, suggests that this technology may ultimately be overshadowed by stablecoins. Malekan argues that overcollateralized stablecoin issuers, who maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, offer a safer liability perspective compared to fractional reserve banks issuing tokenized deposits. Stablecoins possess composability, allowing them to be transferred across the crypto ecosystem and utilized in various applications. In contrast, tokenized deposits are permissioned, subject to know-your-customer (KYC) controls, and have limited functionality. Malekan likens tokenized bank deposits to a checking account where checks can only be written to other customers of the same bank, questioning their utility for cross-border payments, serving the unbanked, or participating in decentralized finance (DeFi). The tokenized real-world asset (RWA) sector, which includes fiat currencies, real estate, equities, bonds, commodities, art, and collectibles, is expected to grow significantly, reaching $2 trillion by 2028, according to Standard Chartered bank. Meanwhile, stablecoin issuers are finding ways to share yield with customers, despite the GENIUS stablecoin Act's prohibition on yield-bearing stablecoins. This has led to competition between tokenized bank deposits and yield-bearing stablecoins, with stablecoin issuers offering customer rewards as a form of yield. The banking lobby has expressed concerns about yield-bearing stablecoins, fearing that sharing interest with customers could diminish the banking industry's market share. With the average yield on savings accounts at retail banks in the US and UK being well under 1%, anything above that becomes attractive to customers. New York University professor Austin Campbell criticized the banking industry's resistance to yield-bearing stablecoins, accusing it of using political pressure to protect its financial interests at the expense of retail customers.

Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. source: https://cointelegraph.com/news/columbia-business-professor-doubt-tokenized-bank-deposits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Binance's latest update 3. 5. 3 introduces support for Chinese input method, sparking reactions. source: https://coincu.com/news/binance-chinese-input-method-update/

OKX 行情数据显示，BTC 跌破 110000 USDT，现报 109990 USDT，24H 跌幅收窄至 0.39%。 （本条快讯由AI辅助生成）

KapKap raises $10M, introduces AI-powered KAPS to revolutionize Web3 engagement. source: https://coincu.com/news/kapkap-raises-10million-launches-kaps/

The roadmap calls for more temporary address creations to preserve privacy, as well as quality-of-life fixes for Keystone hardware wallet users. source: https://www.theblock.co/post/377176/zcash-creator-ecc-unveils-q4-2025-roadmap-as-privacy-tokens-price-and-shielded-supply-surge?utm_source=rss&utm_medium=rss

Former fraudster turned security consultant Frank Abagnale, whose fascinating story was told in Steven Spielberg’s acclaimed movie “Catch Me If You Can,” delved into digital fraud during a major crypto forum in Dubai, UAE. Abagnale, the real-life inspiration for Leonardo DiCaprio’s leading role in the crime comedy-drama film, lectured attendees of the conference this week […] source: https://www.cryptopolitan.com/catch-me-if-you-can-frank-abagnale-dissects-digital-fraud-at-a7a5-sponsored-crypto-event/

EU law enforcement has pledged deeper cooperation and investment as criminals refine blockchain abuse tactics. source: https://decrypt.co/347078/criminal-crypto-use-becoming-increasingly-sophisticated-says-europol

null source: https://x.com/DaanCrypto/status/1984727396071723265

Decentralized perpetual futures have hit a major milestone as their monthly trading volume in October exceeded $1. 3 trillion, which is nearly double the figures from September. It was also the first time the monthly trading volume on decentralized exchanges (DEXs) exceeded $1 trillion, evidence of them gaining ground on rival centralized exchanges (CEXs). The open […] source: https://www.cryptopolitan.com/perp-contracts-hit-record-volume-october/

关税,流动性,金融体系,全球流动性是否正在耗尽？ 金色财经,恰逢“贬值交易”成为主流？

尽管人们都在大肆宣传“特朗普时代”可能出现的加密热潮，但比特币的表现几乎落后于所有主要资产类别。回顾比特币 2025 年至今的表现，2025 可以称之为“失意之年”。

2025年对DeFi项目方来说并不轻松，但他们确实从华尔街学到一招：用回购来表达信心。

在产业与资本双重推动下，Kalshi 与 Polymarket开始寻求大型体育联盟的官方合作与背书。

这个案件的核心并非简单地运行MEV机器人获利，而是美国两名男子利用MEV机器人的漏洞，进行“黑客攻击”并实施勒索，涉案金额约2500万美元。

2025 年 10 月 31 日，Coinbase 发布 Q3 财报，这份成绩单来得正是时候，给流动性不足的加密行业，注入一剂强心针。

欧洲央行近日宣布，“数字欧元”项目进入下一阶段：如果相关法规在 2026 年通过，有望于 2027 年启动试点、2029 年正式发行。

在全球其他地区，监管机构越来越多地将加密货币矿业视为对电力供应和基础设施的沉重负担，这导致了与美国政策截然不同的对策。

金色财经推出加密货币和区块链行业早报《金色早8点》2864期，为您提供最新、最快的数字货币和区块链行业新闻。

解析亚马逊宕机事件，揭示以太坊去中心化韧性，呼吁社区共筑抗控节点未来。