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00:10
STRC and USDG Yield Markets Drive On-Chain Growth, Pendle RWA TVL Ratio Rises to 97%
BlockBeats News, May 19th, according to official Pendle data, it holds 2,453,331 STRC in a non-custodial manner through the STRC yield token market, becoming a core on-chain venue for digital credit yield discovery and liquidity. Meanwhile, the liquidity pool of USDG, with US Treasury bonds as the underlying asset, on Pendle also quickly grew to a TVL of $230 million after just one weekend. The $120 million allocation of Pendle PT-USDG on Aave has also been fully utilized. As the US Treasury and structured credit asset markets continue to expand, Pendle's Real World Assets (RWA) total locked value has increased to 97%, further strengthening its leading position in the on-chain yield trading space.
00:09
The SEC is set to introduce a tokenized stock "Innovation Exemption" policy as early as this week.
BlockBeats News, May 19th, according to Bloomberg, the U.S. SEC is set to launch this week a "Innovation Exemption" policy for tokenized stocks, creating a new framework for on-chain trading of digital securities. The SEC is leaning towards allowing third parties to issue tokens pegged to stock prices without the authorization or consent of the underlying companies, and to be traded on DeFi platforms. The report stated that these third-party tokens are essentially synthetic assets tracking stock prices, and some products may not have the same voting rights or dividends as regular stocks. According to the SEC proposal, if the platforms fail to offer these rights, they will lose eligibility to list such tokens. This initiative is seen as the first large-scale test of U.S. regulation to migrate stock trading to crypto infrastructure. Proponents believe that tokenized securities can achieve near real-time settlement and 24/7 trading, improving market efficiency; while opponents are concerned about market fragmentation, decreased price transparency, as well as weakened KYC and AML protections. Currently, institutions such as the NYSE, Nasdaq, and Bullish have all entered the tokenized stock market. Previously, the U.S. Senate Banking Committee also advanced the Digital Asset Market Structure and Investor Protection Act known as the "Clarity Act."
00:08
Trump delayed striking Iran: three Middle Eastern countries did not want their own energy facilities to be bombed
```htmlGolden Ten Data reported on May 19 that, according to an AXIOS journalist, two insiders revealed that within 24 hours before Trump announced the cancellation of the planned strike on Iran scheduled for Tuesday, he had telephone conversations with the leaders of Saudi Arabia, Qatar, and the United Arab Emirates. An American official said, "Doha, Abu Dhabi, and Riyadh sent a unified message, roughly meaning 'Give negotiations a chance, because if you strike Iran, we will all pay the price.'" Another insider stated that Trump told some of his hawkish political allies that the three Arab leaders had told him they did not want their oil and energy facilities destroyed by Iranian retaliation.```
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