{"id":640156,"date":"2026-08-07T15:52:47","date_gmt":"2026-08-07T15:52:47","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/07\/crypto-biz-cryptos-biggest-business-is-starting-to-look-a-lot-like-banking\/"},"modified":"2026-08-07T15:52:47","modified_gmt":"2026-08-07T15:52:47","slug":"crypto-biz-cryptos-biggest-business-is-starting-to-look-a-lot-like-banking","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/07\/crypto-biz-cryptos-biggest-business-is-starting-to-look-a-lot-like-banking\/","title":{"rendered":"Crypto Biz: Crypto\u2019s biggest business is starting to look a lot like banking"},"content":{"rendered":"

\"Crypto<\/p>\n

Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.<\/p>\n

At first glance, this week\u2019s biggest business stories could have come straight from Wall Street. BlackRock launched tokenized money market funds for stablecoin reserves. Tether generated another $1.5 billion in profit from its US Treasury holdings. Tokenized gold continued gaining traction, though its use in decentralized finance remains limited. Even Bitcoin (BTC) mining was defined by production costs, profitability and balance sheet management rather than the price of Bitcoin.<\/p>\n

The digital asset industry\u2019s business model is increasingly converging with traditional finance. Stablecoin reserves, tokenized money market funds and onchain collateral are emerging as some of the industry\u2019s most important revenue drivers, signaling that blockchain\u2019s next phase may be shaped as much by financial infrastructure as by digital assets themselves.<\/p>\n

Asset manager BlackRock has introduced two tokenized money market products<\/a> designed to help stablecoin issuers meet reserve requirements under the US GENIUS Act, expanding its push into blockchain-based financial infrastructure.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers. At first glance, this week\u2019s biggest business stories could have come straight from Wall Street. BlackRock launched tokenized money market funds for stablecoin reserves. Tether generated another $1.5 billion in profit from its US […]<\/p>\n","protected":false},"author":1,"featured_media":640157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-640156","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/640156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=640156"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/640156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/640157"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=640156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=640156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=640156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}