# BSCN Debrief: Jensen Huang Resigns as Nvidia CEO

*Jensen Huang resigned from Nvidia after an affair with an alleged Chinese spy, Ripple's RLUSD stablecoin overtakes PayPal's PYUSD, and the DTCC plans Solana integration. Here's what mattered.*

By [The BSCN Debrief](https://paragraph.com/@bscnalpha), 2026-11-13

crypto news, bitcoin, newsletter, stablecoins, tradfi

---

[![](https://storage.googleapis.com/papyrus_images/cff0a300a78a38569bed3bc946b80b641bfdc62f3ddb6012c22c9722bdb5a248.png)](https://bscnhive.com/bscninsider)

📲 **Want fast news direct to your inbox?** Join the BSCN Insider club on Telegram for breaking stories and market moves the moment they land. **JOIN NOW:** [bscnhive.com/bscninsider](https://bscnhive.com/bscninsider)

Breaking News
-------------

[**Jensen Huang Resigns as Nvidia CEO, Colette Kress Named Interim Chief as Warren Presses Congress Demand**](https://bsc.news/news/jensen-huang-resigns-nvidia-ceo-kress?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/2f2e5202b512ba561ed75ef8755b240a8f6bff35fe899ef9e54a5d364a11254b.jpg)

Jensen Huang resigned as president and CEO of Nvidia on Thursday, ending a 33-year tenure at the chipmaker he co-founded, amid reports of affairs that included a woman suspected of being a Chinese spy.

[**Ripple's RLUSD Stablecoin Overtakes PayPal's PYUSD at $2.7 Billion Market Cap**](https://bsc.news/news/ripple-rlusd-overtakes-paypal-pyusd?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/82768d8b5a8a4ac020b1df671a3a3c3b8ed95e1d729daa9f95c4665435ae9953.png)

Ripple's RLUSD has overtaken PayPal's PYUSD in market capitalization, reaching $2.7 billion and moving into the top 20 stablecoins by size.

[**DTCC Plans to Connect Tokenization Service to Solana in Second Half of 2027**](https://bsc.news/news/dtcc-tokenization-service-solana-2027?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/1bda873c082f51502c30cc9870dffbcd2188fbb0ebc8926651476d73183a26c3.jpg)

The Depository Trust & Clearing Corporation plans to connect its Tokenization Service to the Solana blockchain, extending the U.S. market infrastructure provider's push into onchain securities.

[**Pyth Network Becomes Approved NYSE BQT Data Distributor as PYTH Token Gains Nearly 5%**](https://bsc.news/news/pyth-network-nyse-bqt-data-distributor?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/6b0ae40b031aa0b9f92faaaad87e8b2a278f8f9f000d477c4b76895616e7c733.jpg)

The PYTH token rose almost 5% over the past 24 hours, trading near $0.067 on CoinGecko, after Pyth Network became an approved NYSE BQT data distributor.

What the Markets Think
----------------------

[**Will Bitcoin hit $100,000 in November?**](https://polymarket.com/event/what-price-will-bitcoin-hit-in-november-2026?via=BSCNews) 3%. Polymarket traders have moved on from moonshot dreams, with 96% now betting Bitcoin dips below $77,500 before month end.

[**Will Ethereum hit $3,000 in November?**](https://polymarket.com/event/what-price-will-ethereum-hit-in-november-2026?via=BSCNews) 5%. ETH bulls face similar skepticism, though the market prices in 86% odds the network stays above $2,200 through the end of the month.

[**Democratic Presidential Nominee 2028:**](https://polymarket.com/predictions/politics?via=BSCNews) Jon Ossoff 26%. As Jensen Huang's scandal rocks Silicon Valley, prediction markets are already pricing in the 2028 race.

The Big Story
-------------

[**Securitize and Ethena Launch $100 Million 24/7 Liquidity Facility for BlackRock's BUIDL Fund**](https://bsc.news/news/securitize-ethena-buidl-liquidity-facility?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/3f1c5bfad6cf68707f0353684c6f6e059780d5805956527da6b2d4692985b77d.jpg)

Securitize has launched a round-the-clock liquidity facility that lets eligible holders of BlackRock's tokenized fund BUIDL swap it for stablecoins such as USDC at any hour, weekends included.

Ethena will provide the first $100 million in capital to the facility, using its Reserve Fund to back instant redemptions.

The facility covers BUIDL on Ethereum and Aptos, with expansion to other chains planned.

Traditional fund redemptions can take days, but this setup brings 24/7 liquidity to tokenized treasuries, a key step toward making onchain funds competitive with money market alternatives.

Top Stories
-----------

[**Stellar Ranks Second Behind Ethereum in Tokenized Funds With $4.5 Billion**](https://bsc.news/news/stellar-second-tokenized-funds-ethereum?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/93bc6876d2038d8e17ee07f36b110a5a5c7465c09b5fd1e9e82d814c810b570b.png)

Stellar now hosts $4.5 billion in tokenized funds, placing it behind only Ethereum in the real-world asset category.

Ethereum leads with $5.8 billion, while Solana holds third place at $740 million, according to data from RWA.xyz.

The numbers show institutional capital is spreading across chains, with Stellar carving out a niche in traditional finance migration.

[**Coinbase EU Policy Head Warns MiCA Changes Could Push DEFI Users to Offshore Platforms**](https://bsc.news/news/coinbase-mica-defi-rules-offshore-platforms?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/976bcb78105b2f0d6b98d6a5412dee61a177a1a9031a16b7ba1ec176e2168175.png)

Coinbase has warned that tighter European Union rules on decentralised finance could leave regulated users worse off, with changes under the Markets in Crypto-Assets Regulation (MiCA) potentially pushing people toward unregulated offshore platforms.

Roeland Van der Stappen, the exchange's head of EU policy, said the updates target DeFi providers who operate user interfaces or charge fees.

The critique comes as Europe prepares to tighten crypto oversight across the board.

[**Uniswap v4 Launches 10 xStocks Tokenized Equity Markets on Monad, Including NVDAx and TSLAx**](https://bsc.news/news/uniswap-v4-monad-xstocks-tokenized-equities?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/280b381d0c404e17e5385356cb3784a990b1492f683dedf9c1da2e1a2552681a.png)

Tokenized equities are now live on Uniswap v4 on Monad, with 10 xStocks markets including NVDAx and TSLAx available through the network's testnet.

The move comes as Monad pushes a parallel execution model it says can handle 10,000 transactions per second.

Nasdaq futures have moved onchain before, but live equity trading via AMM pools is still experimental territory and faces regulatory uncertainty in most jurisdictions.

Deep Dive of the Week
---------------------

[**What Should You Know Before Staking POL?**](https://bsc.news/post/staking-pol-guide?utm_source=paragraph&utm_medium=newsletter&utm_campaign=debrief)

![](https://storage.googleapis.com/papyrus_images/6a45f86d8c0623999317cb8674bccb0f7b6dcb44d2c7cd289cb71afb6993d87e.webp)

Staking POL requires ETH for gas on Ethereum mainnet, and rewards vary based on the validator and platform you choose. This guide walks through the mechanics, the tradeoffs, and what to watch for before locking up tokens.

By the Numbers
--------------

**178,641:**

Average new TRON addresses created daily in Q3 2026, with the network's total account count nearing 414 million.

**418%:**

Growth in EVEDEX's total value locked on Arbitrum over the past 12 months, pointing to rising demand for decentralized derivatives trading on Ethereum Layer-2 networks.

**74 days:**

Consecutive days the Sei blockchain has recorded at least 10,000 transactions per day, according to data from Chainspect.

**198 tokens:**

Number of tokens now covered in Binance's expanded Proof of Reserves disclosure, as Changpeng Zhao reaffirmed that customer assets on the exchange remain fully backed.

**1.7 million:**

Daily requests now handled by the free public XRP Ledger nodes set up by the XRP Ledger Foundation with Ankr.

**21 million:**

Approximate number of WLFI tokens bought in the first purchases under World Liberty Financial's buyback program, executed on-chain via a BNB Chain wallet on the Aster exchange.

On Our Radar
------------

**Lido paradox:**

Lido holds nearly $20 billion in staked assets, making it the largest protocol in decentralised finance by TVL, yet its LDO governance token ranks 144th by market cap.

**Terra Classic burn:**

Terra Classic burned more than 1 billion LUNC tokens in the first 11 days of November, as on-chain burns continued at close to 100 million tokens a day.

**Injective upgrade:**

Injective has opened a governance vote on Veyra, a mainnet upgrade filed as proposal IIP-717, reported to be the network's last major upgrade for 2026.

**Canton EVM:**

Rome Protocol has launched Ostia, an Ethereum-compatible chain, on the developer test network of Canton Network, running Ethereum-style smart contracts on a privacy-focused institutional settlement layer.

_Until tomorrow._

---

*Originally published on [The BSCN Debrief](https://paragraph.com/@bscnalpha/bscn-debrief-jensen-huang-resigns-as-nvidia-ceo)*
