Moodys Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake
Tech Moodys Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake The TRUMP token slipped roughly 5% in early Thursday trading after Trump Mobile confirmed that its long-delayed T1 handset will finally begin shipping next week, ending months of speculation over the politically branded device. The handset, which industry observers say closely resembles a re-skinned HTC U24 from 2024, undergoes final assembly in the United States despite originating overseas. As a Mobile Virtual Network Operator, Trump Mobile does not manufacture devices in-house, mirroring the approach Solana took with its Saga phone. With the altcoin now down nearly 90% from launch, traders appear to be treating the shipment update as routine merchandise news rather than a meaningful catalyst. Major US banks and financial market intermediaries view the transition to a digitized financial system as inevitable, with most expecting it to unfold slowly before reaching a tipping point that triggers rapid acceleration, credit rating agency Moodys said in a Tuesday report. Near-term tokenization activity will likely remain concentrated in simpler segments such as money market funds and short-term instruments running alongside legacy rails. Industry leaders consulted by the agency emphasized that broad asset tokenization will happen, with debate centering