JPMorgan Asset Management has launched a tokenized money market fund called My OnChain Net Yield Fund (MONY) on the Ethereum blockchain. This fund is available exclusively to qualified investors through JPMorgan's Morgan Money platform. MONY invests in U.S. Treasury securities and repurchase agreements fully backed by Treasuries. JPMorgan seeded the fund with $100 million of its own capital. The fund's shares are issued as digital tokens, representing direct ownership and enabling on-chain settlement and recordkeeping. Investors can subscribe and redeem shares using cash or stablecoins like USDC, with dividends reinvested daily. Access is limited to institutional clients with asset levels above $25 million and accredited individuals with at least $5 million, with a minimum initial investment of approximately $1 million. The move reflects a broader industry trend towards tokenized securities and on-chain settlement, aiming to improve efficiency and transparency in institutional cash management.

Visa is now enabling U.S. banks and fintech companies to settle transactions using Circle's USDC stablecoin, primarily over the Solana blockchain. This move aims to provide faster settlement times, 24/7 availability, and improved liquidity management compared to traditional payment rails. Cross River Bank and Lead Bank are among the first institutions to participate in this initiative, with plans for wider availability across U.S. institutions through 2026. Visa is also partnering with Circle on Arc, a new Layer 1 blockchain, intending to use it for USDC settlement and operate a validator node once the network goes live. Visa's stablecoin settlement volume has reached an annualized run rate of $3.5 billion as of November 30. In addition to offering USDC settlement, Visa has launched a Stablecoins Advisory Practice to assist financial institutions in developing and implementing stablecoin strategies. Visa's efforts to integrate stablecoins into its network are viewed as a significant step towards modernizing treasury operations and expanding the use of digital currencies in mainstream finance, potentially handling over $50 trillion in yearly payment flows by 2030.

Singapore-based StraitsX plans to launch its Singapore dollar-backed XSGD and U.S. dollar-backed XUSD stablecoins on the Solana blockchain by early 2026. This expansion aims to leverage Solana's high-speed, low-cost infrastructure for efficient SGD and USD transactions across decentralized finance, institutional flows, and everyday payments. The integration will allow users to settle transactions directly on Solana, benefiting from faster settlement times and lower fees. StraitsX operates as a licensed Major Payment Institution under the Monetary Authority of Singapore and its stablecoins comply with upcoming regulations. XSGD is currently live on multiple blockchains, including Ethereum, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and the XRP Ledger. XUSD is available on Ethereum and BNB Smart Chain. Together, the two stablecoins have processed over $18 billion in on-chain transaction volume. StraitsX is also exploring partnerships with companies like Grab to integrate stablecoins into everyday consumer applications, allowing users to hold and spend XSGD and XUSD within the Grab app. The move to Solana is driven by the increasing adoption of x402-based payments and the growing demand from digital commerce platforms and AI-native applications. Major centralized exchanges are expected to support the Solana-native XSGD and XUSD stablecoins, along with decentralized exchanges and DeFi protocols to establish stablecoin lending markets and liquidity pools.

The Solana network has successfully withstood a large-scale distributed denial-of-service (DDoS) attack, peaking at approximately 6 terabits per second (Tbps), without experiencing any significant network disruptions. This attack ranks as one of the largest ever recorded, placing Solana alongside major centralized infrastructure providers like Google Cloud and Cloudflare in terms of attack volume. Despite the intensity of the DDoS attack, Solana's network metrics indicate normal transaction processing, with sub-second confirmations and stable slot latency throughout the period. This resilience contrasts with the Sui network, which experienced delayed block production and degraded performance during a separate DDoS attack. The Solana network has over 830 validators, contributing to its ability to maintain consensus and prevent outages. While the network has demonstrated resilience against external attacks, concerns remain regarding internal attacks such as sandwiching transactions, which have resulted in traders losing over 1,000 SOL in the past month. Amid these events, Solana is also facing a period of liquidity stress, with its 30-day realized profit-to-loss ratio remaining below 1 since mid-November, indicating bearish market conditions. Web3 infrastructure provider Alchemy has rebuilt its Solana stack to enhance scalability and reduce downtime. Solana traded at $126 at the time of the reports.

MetaMask has added native Bitcoin support, marking a significant expansion beyond its Ethereum-centric origins. Users can now directly buy, swap, and send Bitcoin within the MetaMask wallet. This eliminates the need for wrapped Bitcoin and reduces smart contract risks. MetaMask is offering reward points to encourage users to swap into Bitcoin through the wallet. The integration is part of a broader multichain strategy that previously included Solana, Sei, and Monad, with plans to add more networks in 2026. In addition to Bitcoin integration, MetaMask is partnering with Polymarket to allow users to trade on real-world event outcomes directly from their wallets, providing one-tap funding from any EVM-compatible chain and MetaMask points for each prediction placed. Polymarket is exploring a valuation of up to $15 billion following investment from Intercontinental Exchange. MetaMask's parent company, Consensys, is preparing for a potential IPO and the rollout of a native MASK token. Polymarket is also reportedly creating an internal market-making team.

Coinbase has launched U.S.-regulated perpetual-style futures for Shiba Inu (SHIB) on its Coinbase Derivatives platform. The SHIB 1k Index allows both retail and institutional investors in the U.S. to trade SHIB futures under U.S. regulatory standards. This move expands SHIB's trading access, potentially strengthens liquidity, and opens the door to professional investors who require regulated instruments. This launch mirrors offshore perpetual futures but includes regulatory oversight and compliance. Coinbase previously listed SHIB futures earlier in the year, but the index-based launch signifies deeper integration. The existence of regulated futures markets is viewed as a key factor in SEC ETF evaluations, potentially improving SHIB's position in traditional financial reviews. Globally, SHIB has also been added to Japan's Green List of approved digital assets, and Valour Inc. has launched a SEK-denominated exchange-traded product tracking SHIB in Sweden.

SBI Holdings and Startale Group have signed a memorandum of understanding to launch a regulated Japanese yen-pegged stablecoin by the second quarter of 2026. The stablecoin will operate as a Type 3 Electronic Payment Instrument, enabling transfers and balances exceeding the one million yen limit. SBI's subsidiary, Shinsei Trust & Banking, will issue and redeem the stablecoin, while SBI VC Trade will manage its circulation within regulated markets. Startale will provide blockchain technology and security for the project, aiming to facilitate both domestic and cross-border payments, tokenized assets, and AI-based finance under Japan's updated payment laws. SBI's Chairman, Yoshitaka Kitao, emphasized the initiative's alignment with the shift towards a tokenized economy, combining traditional finance and blockchain technology. Startale also launched Startale USD (USDSC), a dollar-backed stablecoin. This complements SBI's planned launch of Ripple USD (RLUSD) in 2026, expanding SBI's digital currency offerings.

Former President Donald Trump has stated he will review the case of Keonne Rodriguez, co-founder and CEO of the privacy-focused Bitcoin wallet Samourai, who was sentenced to five years in prison for money laundering charges. Rodriguez and co-founder William Lonergan Hill were convicted for operating a cryptocurrency mixing service that prosecutors claim facilitated the laundering of over $237 million in criminal proceeds. Hill received a four-year sentence. The Justice Department presented evidence that Rodriguez and Hill actively promoted their services to criminal users, processing funds from drug trafficking, darknet marketplaces, and other illicit activities. Trump's consideration follows his previous pardons of crypto figures like Ross Ulbricht of Silk Road and Changpeng Zhao, former CEO of Binance. The crypto community is actively seeking Rodriguez's pardon, with online petitions and discussions raising questions about developer liability and the legal status of privacy-enhancing technologies. Rodriguez has responded to Trump's comments, expressing hope for a pardon. He is scheduled to report to federal prison soon.

JPMorgan Chase has launched its first tokenized money-market fund on the Ethereum blockchain, seeding the fund with $100 million of its own capital. The fund, named My OnChain Net Yield Fund (MONY), is built on JPMorgans Kinexys Digital Assets platform and is aimed at qualified investors, including individuals with at least $5 million in investable assets and institutions with a minimum of $25 million, with a minimum investment of $1 million. Investors can subscribe through JPMorgans Morgan Money portal and receive digital tokens representing their fund shares in a crypto wallet. Subscriptions and redemptions can be made using cash or USDC. The fund invests in short-term debt instruments and accrues income daily, similar to traditional money-market funds. This move signifies a growing trend among major financial institutions to integrate blockchain technology into traditional finance, driven by client demand for on-chain yield and faster settlement times and is influenced by the passage of the GENIUS Act, which provides a regulatory framework for tokenized dollars. Other firms like Goldman Sachs, BNY Mellon, BlackRock, and Fidelity are also exploring or have launched similar initiatives. The tokenized money-market sector has grown significantly, with assets reaching $9 billion over the past year. BlackRocks BUIDL fund is a leading example, managing over $2 billion.

Doha Bank has successfully issued a $150 million digital bond using Euroclear's distributed ledger technology (DLT) platform, signaling a move towards tokenized finance in the Gulf region. Standard Chartered acted as the sole global coordinator and arranger for the deal. The bond was listed on the London Stock Exchange's International Securities Market and achieved same-day (T+0) settlement. This digital bond issuance reflects a broader trend of banks and regulators in the Middle East and Asia adopting permissioned DLT platforms for digital bond issuances, aiming for regulatory control and increased efficiency. Qatar National Bank (QNB) previously issued a $500 million digital bond via HSBC's Orion platform, demonstrating similar regional interest in leveraging digital assets. Doha Bank's digital bond supports its funding strategy by diversifying capital sources and expanding its investor base.

Ethereum's price is currently fluctuating around the $3,100 level, facing downward pressure while showing potential for a rebound. It has experienced a recent decline from the $3,250 zone, briefly dipping below $3,050 before attempting a recovery. Technical analysis indicates resistance around $3,150 to $3,200, and a potential further decline if it fails to hold above $3,050, possibly reaching $3,000 or even $2,940. Conversely, breaking above $3,200 could lead to gains towards $3,320 or $3,400. The price remains below a descending trendline, suggesting a corrective phase. A key support zone lies between $2,500 and $2,600. On-chain analysis reveals a concentration of short positions between $3,400 and $3,700, which could act as a magnet if sufficient buying pressure emerges, but a lack of strong demand has prevented ETH from reaching these levels. Trading volume has surged, and the market is experiencing liquidations. Technical indicators present a mixed outlook, with the MACD showing some bullish momentum, while the RSI is neutral. The Chaikin Money Flow suggests slightly more capital is flowing out than in, while Bull Bear Power indicates bulls are currently in control.