Search results for JLTXX
Crypto
Ethereum sets records in Q2 for transactions, throughput, staking and holders
Ethereum posted record highs in the second quarter of 2026 for transaction count, throughput, staking ratio and number of holders, despite weak prices. Transactions rose to 203.9 million and throughput increased to 25.9 per second, while staking climbed to 32 percent and holders reached 312.1 million. Monthly active users fell to 9.2 million. Total value locked and fully diluted market value declined, while fees and token burn increased.
Crypto
State Street launches money market fund for stablecoin issuers\' reserves
State Street has launched a money market fund for stablecoin issuers to manage reserve assets. The product is designed to align with the U.S. GENIUS Act and uses a government money market fund structure under Rule 2a-7, investing in assets such as U.S. Treasuries and repurchase agreements. State Street Bank and federally chartered crypto bank Anchorage Digital joined as initial investors. Financial firms are speeding product development as the stablecoin market expands.
Crypto
JPMorgan seeks to launch Ethereum-based tokenised MMF targeting stablecoin reserve demand
JPMorgan has filed with the U.S. Securities and Exchange Commission to launch a tokenised money market fund, JLTXX, aimed at demand from stablecoin issuers for qualifying reserve assets. The product is designed to run on the Ethereum blockchain and meet reserve asset requirements under the GENIUS Act. The filing says the fund will mainly invest in U.S. Treasuries and overnight repo transactions backed by Treasuries or cash.