Bank of America CEO Brian Moynihan told analysts on Wednesday that up to $6 trillion in U.S. bank deposits could move into stablecoins if interest is permitted, citing Treasury Department studies. On Jan. 9, the Senate's latest draft would ban passive yield on stablecoin balances while allowing activity-based rewards, and a planned committee markup was later postponed.

Bank of New York Mellon launched a tokenized deposit service on Jan. 9, enabling blockchain-based payments and collateral for institutional clients. The custodian of $57.8 trillion in assets aims for automated settlement and 24/7 operability, with early users including ICE, Citadel Securities, DRW, Ripple Prime, Baillie Gifford, and Circle.

According to Reuters, Barclays acquired a stake in Ubyx, a U.S.-based stablecoin settlement startup, as it pursues tokenized money within regulation. Ubyx launched in 2025 and raised $10 million in July, and Barclays joined a 10-bank consortium in October to assess a regulated stablecoin pegged to a basket of G7 currencies.

On Monday, Starknet's network stopped producing blocks for hours, and developers said they are investigating the cause. The incident follows a September 2 disruption tied to the Grinta upgrade that required two chain reorganizations. At press time, STRK traded around $0.08, down over 20% in a month and nearly 98% below its $3.66 February 2024 high.