| Mobile Web

Search results for loans

Crypto

IMF says tokenisation could strengthen or fragment financial system

Tokenisation will either strengthen or fragment the financial system depending on policy decisions on money, market infrastructure and legal frameworks, Tobias Adrian said. Moving financial assets and liabilities to a shared ledger compresses execution, clearing and settlement into software-run simultaneous processing, he said. The shift could concentrate risk in platforms, code and market infrastructure providers rather than traditional intermediaries. The IMF report cited tokenised deposits, stablecoins and tokenised central bank reserves.

Crypto

XRPL lending infrastructure may let XRP holders borrow without selling

A planned lending infrastructure on the XRP Ledger could allow XRP holders to borrow funds using their tokens as collateral without selling, an analysis said. XRP analyst James Dooly said Coinbase’s XRP-backed loans, a government-guaranteed crypto mortgage structure and proposed XRPL lending functions could create a new model for long-term holders. He outlined a hypothetical example using USDC borrowing and possible interest income from depositing unused XRP, while noting key XRPL functions remain at the proposal stage.

Finance

Top four financial holding groups set for record first-half profit above 11 trillion won

South Korea\'s four biggest financial holding groups, KB Financial, Shinhan Financial, Hana Financial and Woori Financial, are expected to post combined first-half net profit above 11 trillion won, a record for the period. Estimates point to higher bank interest income on rising market rates and improved results at securities units amid active stock trading. A potential refund of provisions tied to Hong Kong H-share ELS fines could also support earnings, depending on final decisions.