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On May 9, BlackRock is planning to launch two tokenized money market funds aimed at stablecoin holders, rather than traditional bank account customers. One will be a digital share class of the BlackRock Select Treasury Liquidity Fund, investing in cash, U.S. Treasury securities, and other securities maturing within 93 days, which will be issued on the Ethereum blockchain. The other will be a newly established BlackRock Daily Reinvestment Stablecoin Reserve Fund, targeting investors managing finances through crypto wallets and stablecoins, and will be launched on multiple blockchains. BlackRock CEO Larry Fink has repeatedly stated that all financial assets will eventually be tokenized. The BUIDL fund launched by BlackRock in 2024 currently has a size of approximately $2.5 billion.

According to ChainCatcher, CoinDesk reports that European Central Bank President Lagarde stated in a speech that Europe should not simply replicate the US stablecoin model, but should prioritize building a tokenized settlement infrastructure centered around central bank money. She pointed out that the 310 billion US dollar stablecoin market dominated by Tether and Circle poses financial stability risks and could transmit stress to underlying asset markets during crises. Lagarde believes that the technological advantages of stablecoins can be replicated by central bank infrastructure, but their monetary function introduces unacceptable financial stability risks. She cited the 2023 Silicon Valley Bank collapse, which caused USDC to briefly depeg, as evidence. Although a consortium of 12 major European banks including ING, BBVA, and BNP Paribas plans to launch a private digital euro later this year, claiming Europe faces a "dollarization risk", Lagarde still calls for EU countries to support the development of central bank digital currencies. The European Central Bank aims to launch the digital euro by 2029.

According to Odaily, Polymarket official team member Mustafa stated on X that Polymarket has launched a $2 million liquidity reward program targeting the sports market. This program will continue for the next several weeks. In addition, the platform will gradually introduce more liquidity rewards for other markets.