December 12th Midday Important Updates Overview

7:00-12:00 Keywords: DTCC, YouTube, wXRP, Rail

1. U.S. SEC Chairman: The U.S. financial markets are transitioning to operate on-chain;

2. U.S. SEC approves DTCC's plan to tokenize stocks, bonds, and treasury securities;

3. Ripple has completed a $200 million acquisition of the stablecoin platform Rail;

4. Coinbase plans to announce its prediction market and tokenized stock products on December 17th;

5. YouTube launches stablecoin payment features, allowing creators to receive PYUSD via PayPal;

6. U.S. SEC Chairman: DTC participants can now directly transfer tokenized securities to other participants' registered wallets;

7. Hex Trust will issue and custody wrapped XRP (wXRP) to expand its DeFi applicability across multiple blockchains.

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