Decision makers' definitive information source on the intersection of DeFi and TradFi, by @DefiantNews
Joined April 2026
- Tweets373
- Following20
- Followers153
- Likes256
Stablecoins in @Visa payments need not mean shoppers hold crypto.
Participating institutions can settle in stablecoins behind the scenes. Planned wallet spending would instead use shoppers’ tokens and pay merchants in fiat.
thedefiant.io/converge/tradf…
Buying Ondo tokens linked to stocks or Treasuries does not guarantee an issuer exit.
Selling to another buyer is not redemption. Ondo warns stock-token buyers may fail identity checks and be unable to redeem.
thedefiant.io/converge/tradf…
J.P. Morgan offers institutions two ways to move bank money onchain.
Its blockchain accounts cover eight currencies on a private network. JPM Coin represents dollar deposits on public blockchains, but access requires approval.
thedefiant.io/converge/tradf…
ALT Comparison of Blockchain Deposit Accounts and JPM Coin by role, network, currency coverage and advertised users.
Putting fund shares on a blockchain does not guarantee an immediate cash exit.
For BlackRock’s BUIDL, distributed through Securitize, fund redemptions pay bank dollars. Stablecoin sales are separate, conditional routes.
thedefiant.io/converge/tradf…
ALT Comparison of BUIDL redemption for bank dollars, a secondary sale to Circle for USDC, and an exchange with Ripple for RLUSD, distinguishing recipients and published processing conditions.
Canton lets financial applications move assets and payments together without exposing every trade to the whole network.
Joining the network does not grant access to every product: banks and venues set their own rules.
thedefiant.io/converge/tradf…
ALT Role map comparing transaction visibility and authority for business parties, participant nodes, sequencers and mediators.
Keeping institutional crypto at a bank does not rule out using it to secure a loan.
Safekeeping and authority to sell are separate: pledged tokens can stay with the bank yet be sold if the borrower breaches loan terms.
thedefiant.io/converge/tradf…
ALT A five-row role table separating legal custodian, key-management technology, transaction approvals, settlement, and lending authority, with document-review questions for each.
Turning Ripple’s dollar stablecoin into cash depends on the route—not just its reserves.
Direct RLUSD redemption is for approved institutional customers. Exchange sales can fetch above or below $1, Ripple warns.
thedefiant.io/converge/tradf…
ALT Direct redemption requires customer onboarding and burns tokens for bank settlement at conditional par value. An exchange sale trades tokens at a market quote that can differ from one dollar.
OKXICE STOCK-TOKEN OBJECTIONS NOW COVER 44 OF 63 PROPOSED SYMBOLS
Nvidia is among 50 disclosed objectors. Timely issuer opt-outs bar listings under the SEC’s (@SECGov) exemption.
Read more here:
thedefiant.io/converge/tradf…
TETHER REPORTS $1.5B Q3 2026 OPERATING PROFIT AS RESERVE BUFFER NEARLY DOUBLES
@tether's buffer reached $7.95B from $4.11B at June-end. It measures assets minus liabilities, not a separate cash pool for redemptions.
Read more here:
thedefiant.io/converge/cefi/…
ANCHORPOINT PLANS HKD STABLECOIN ISSUANCE ON SOLANA FOR RETAIL PAYMENTS
The @StanChart-backed issuer plans native $HKDAP minting and redemption on @solana. HKDAP remains in Ethereum-only beta, with retail access planned for later.
Read more here:
thedefiant.io/converge/tradf…
STANDARD CHARTERED SAYS IT HOLDS AND SETTLES CRYPTO FOR LMAX IN TWO HUBS
@StanChart’s mandate spans Luxembourg and Dubai’s DIFC. A separate planned RLUSD collateral link would allow trading against tokens kept in bank custody.
Read more here:
thedefiant.io/converge/tradf…
Converge retweeted
STELLAR @StellarOrg MERIDIAN DAY 2
INTERVIEWS FROM THE FLOOR:
📣 BRINGING STABLECOIN PAYMENTS TO 190 COUNTRIES WITH BVNK @BVNKFinance
Rubén Galindo @rubengsp CEO - Airtm @airtminc
📣 MARSHALL ISLANDS IS ISSUING A SOV. BOND AND UBI ON STELLAR @StellarOrg
Charles Paul, Marshall Islands Ambassador @RMI_Govt
📣 THE DATA GIANT’S $110M RAISE LED BY S&P @SPGlobal
Ambre Soubiran @ambresoub, CEO - Kaiko @KaikoData
📣 KEEPING AN EDGE IN CRYPTO VC
Ben Lakoff @benlakoff, GP - Bankless Ventures @BanklessVC
📣 STELLAR DEFI EXPANDING WITH @CurveFinance,
@MetaMask, @SentoraHQ, @upshift_fi
Ada Vaughan @AdaVaughan, Head of DeFi - Stellar
📣 ETHERFUSE LAUNCHING PRINCIPAL+YIELD TOKENS FOR LOCAL CURRENCY BONDS
David Taylor @EtherfuseDave, CEO - Etherfuse @etherfuse
📣 BETTING THAT REAL ESTATE WILL BE THE NEXT RWA CATEGORY WITH +5% APYS
Edward Nwokedi @apartmentpro, CEO - RedSwan @RedSwanCRE
Kaiko's $110M Raise, a Nation Onchain, Stablecoins in 190 Countries & More: On the Floor @ Stellar's Meridian xitter.gq/i/broadcasts/1yJAPwjqq…
GRAYSCALE’S $HYPG OFFERS BROKERAGE ACCESS TO $HYPE AND POTENTIAL STAKING REWARDS
@Grayscale’s @Nasdaq-listed fund charges 0.29% annually. Rewards accrue to the fund, not directly to shareholders as tokens.
Read more here:
thedefiant.io/converge/marke…
Converge retweeted
Kaiko's $110M Raise, a Nation Onchain, Stablecoins in 190 Countries & More: On the Floor @Stellar's Meridian xitter.gq/i/broadcasts/1qKVmydoy…
POLYGON ADDS BANK FUNDING AND PAYOUTS FOR SOLANA WALLETS
@0xPolygon says businesses can handle stablecoin payments through one API while settling on Solana. The rollout goes beyond its existing cross-chain routing.
Read more here:
thedefiant.io/converge/tradf…
$CNTN TARGETS MONDAY TOKENIZED-STOCK DEBUT WITHOUT ISSUER-OBJECTION WAIT
Fairmint will issue the shares and keep official onchain ownership records. Canton Strategic says TSV trading could start Nov. 2, subject to regulatory conditions.
Read more here:
thedefiant.io/converge/tradf…
BANK OF ENGLAND PROPOSES CHECKS ON CLEARINGHOUSES' ABILITY TO SELL TOKENIZED COLLATERAL IN STRESS
Tokens would need their own liquidity assessments. The proposal clarifies existing standards, rather than expanding eligible assets.
Read more here:
thedefiant.io/converge/regul…
WALMART JOINS OKXICE OBJECTORS AS OBJECTIONS REACH 34 OF 63 PROPOSED STOCK SYMBOLS
The planned tokenized-stock venue has disclosed 38 objectors. The Defiant counts 29 symbols without disclosed objections—not a confirmed launch roster.
Read more here:
thedefiant.io/converge/tradf…
WALMART OBJECTS TO THIRD-PARTY STOCK TOKENS, NARROWING PLANNED OKXICE LINEUP
The @okx-backed venue has 38 issuer objectors, leaving 29 of 63 original symbols without disclosed objections. The block is venue-specific, not market-wide.
Read more here:
thedefiant.io/converge/tradf…
WESTPAC TO CAP CRYPTO EXCHANGE PAYMENTS AT A$10,000 A MONTH—NO EXEMPTIONS
From Dec. 1, 2026, the limit applies to payments it identifies as exchange-bound. Withdrawals from exchanges into Westpac are unchanged.
Read more here:
thedefiant.io/converge/tradf…