# Today’s Daily Sift: Crypto/Blockchain


> Ethereum upgraded, banks launch stablecoins, ETFs flood in, Ripple settles with SEC. The new era of crypto is here.

**Published by:** [The Daily Sift](https://paragraph.com/@thedailysift/)
**Published on:** 2025-09-29
**Categories:** crypto, blockchain, ethereum, stablecoins, xrp
**URL:** https://paragraph.com/@thedailysift/todays-daily-sift-cryptoblockchain

## Content

Trump’s GENIUS Act: Stablecoins now legal tender but barred from paying yield. Alt-coins surged—ETH $3,795, SOL and XRP rallied Senate’s 68-30 vote: Stablecoin bill forces issuers to hold liquid reserves with monthly audits. Critics warn it turbocharges crypto without guardrails Banks dive in: BofA and Citi prepping stablecoins, Morgan Stanley and JPMorgan circling . UK giants piloting tokenised deposits after BoE signaled they may be safer than private coins . Europe’s ING, UniCredit and peers plan euro stablecoin in 2026 ETF floodgates: SEC cut approval times to ~75 days . Dozens of SOL and XRP ETFs could land in October Ethereum’s Pectra upgrade: Went live May 7. Raised validator cap to 2,048 ETH, boosted blob throughout, paving way for smart accounts and lower fees.$1.5B Bybit hack: February’s theft was crypto’s largest . Historic heists—from Poly Network ($610M) to Wormhole ($320M)—underline security gaps .Ripple peace deal: SEC case closed with $125M fine . Courts upheld limits on institutional XRP sales, but broader clarity emerging.Wall Street in: Morgan Stanley’s E*Trade to offer BTC, ETH, SOL trading in 2026 . Crypto entering mainstream brokerage menus.Tokenized future: BoE warns private stablecoins could drain bank deposits; pushes tokenised deposits as safer alternative

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