BNY Enables 247 Treasury Settlement | Bitcoin and Crypto News

BNY is revolutionizing Treasury settlement by enabling 24/7 trading of both traditional and tokenized U.S. Treasuries by 2027, following a successful after-hours trade using stablecoin reserves. They’re testing tokenized Treasuries on a private blockchain this year and expanding global settlement hours across Asia, Europe, and the U.S. The recent deal, involving Ripple’s RLUSD and OpenEden’s USDO, proved that stablecoin-backed Treasuries can operate beyond Fedwire’s weekday window—despite Treasuries themselves still being subject to traditional settlement schedules. BNY, already custodian for RLUSD’s reserves and OpenEden’s tokenized fund, also launched on-chain tokenized deposit balances in January, giving clients real-time visibility into their commercial bank balances. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ae326e2ea91a5879