CADD stablecoin adds Solana as Canada's first regulated CAD token scales to 4 chains

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[1] Tetra Digital Group launches Canadian-dollar stablecoin CADD, adds Solana support (https://cryptobriefing.com/tetra-cadd-stablec ...)

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Sep 23 2026, 16:44

Raiffeisen opens crypto trading to 18 million across 11 markets

Raiffeisen Bank International will give its subsidiary banks the infrastructure to sell Bitcoin and other digital assets, extending a Bitpanda partnership that could eventually reach about 18 million customers across 11 Central and Eastern European markets. The Vienna-based lender signed the expanded agreement with Bitpanda Enterprise, the Austrian exchange's institutional arm, according to a Bloomberg report on Sept. 23. Each Raiffeisen subsidiary will decide independently whether and when to launch, meaning the number of supported assets, product structure and go-live dates will differ by country. "Giving 11 subsidiary banks access to common infrastructure could make crypto trading available through established banking relationships rather than requiring customers to open accounts with standalone exchanges," the report said, framing the deal's significance as scale rather than an immediate group-wide launch. The agreement widens a relationship that began in 2024, when Raiffeisenlandesbank Niederösterreich-Wien introduced crypto investing on Bitpanda's rails — an early test of whether digital assets could sit inside a traditional bank's product shelf. Raiffeisen Bank International reported roughly 18.8 million customers, about 42,000 employees and approximately 1,300 business outlets as of mid-2026. ## The 18 million figure is a ceiling, not a user base No subsidiary has announced a launch date, and no volume, asset-under-custody or revenue target has been disclosed. Until those decisions are made public, the reachable customer count remains a maximum rather than a confirmed addressable market — a distinction that matters for anyone modelling fee income from the rollout. The structure also leaves execution risk with the subsidiaries. Raiffeisen is not imposing a single crypto product across the group, so a market with restrictive local rules or weak retail demand can simply opt out, and the pace of adoption will be set country by country rather than by group headquarters. Bitpanda's enterprise business already supplies trading and custody plumbing to institutions that want to add digital-asset products without building the underlying systems. The company provides crypto services to German digital bank N26 and, in a separate deal announced in May 2026, to IG Europe — a pattern in which regulated brokers and banks rent infrastructure instead of building it. ## Banks now make up almost 23% of MiCA registrations The Raiffeisen expansion lands as European banks take a larger share of regulated crypto provision. Banks accounted for almost 23% of providers on the EU's MiCA register in September, up from roughly 17% in late June, based on an analysis of European Securities and Markets Authority data. MiCA created a common licensing framework for crypto services across the European Union, but national implementation and each bank's own compliance requirements still shape what can be sold and when. That gap between a single EU rulebook and 11 separate national rollouts is the practical constraint on how fast Raiffeisen's network can move. The timing also overlaps with a leadership reset. Michael Hoellerer took over as chief executive officer and is expected to unveil the bank's new medium- to long-term strategy as soon as later this month, a document that could clarify how central digital assets are to Raiffeisen's retail franchise. For the broader market, the deal reinforces a distribution shift rather than a demand shock: crypto access is migrating from specialist exchanges into bank apps that already hold customer deposits and payroll relationships. Competitors including N26 and IG Europe have taken the same route through Bitpanda, and peer European lenders weighing their own crypto rollouts now have a working template — and a reason to move before their customers are served elsewhere. What would confirm the thesis is disclosure. Concrete figures on trading volume, assets under custody or crypto-attributed fee income from the first subsidiary launches would turn an 18 million-customer ceiling into evidence of actual retail inflows; without them, the rollout remains an option the group has purchased rather than a business it has built. This article is for informational purposes only and does not constitute investment advice.

Sep 23 2026, 16:17

Solana RWA value hits record $4.6 billion as holders near 686,000

Solana's tokenized real-world asset value reached an all-time high of $4.6 billion, up 11.47% in 30 days, as the number of wallets holding those assets nearly doubled to 685,850, according to on-chain data dated Sept. 23. Distributed asset value on the network — the portion backed by issued tokens rather than represented value — stood at $4.49 billion, the data shows. The holder count is the more unusual figure: a near-doubling in a single month implies most of the participation arrived in September rather than accumulating gradually through the year. "Holder growth outpacing value growth is the signal worth watching," Jason Wu, an on-chain analyst who tracks Solana DeFi flows, said. "A record valuation can be manufactured by a handful of large issuers. Six hundred thousand new wallets cannot." Circle accounts for the largest share of RWA value on Solana at $7.5 billion, ahead of Tether at $3.8 billion and BitGo at $1.6 billion. The ranking matters because it identifies what the record actually consists of: Circle's total reflects USDC supply circulating on the network, not a wave of novel tokenized instruments. Solana's RWA milestone is, in large part, a stablecoin story wearing a tokenization label. That distinction cuts both ways. Stablecoin supply is sticky — it moves when traders need settlement rails and stays while venues remain liquid — but it is also reflexive. A sustained drop in Solana DeFi activity would drain USDC from the chain and pull the RWA headline down with it, without any change in the underlying tokenization projects. ## Circle's $7.5 billion share is mostly USDC The concentration also exposes how thin the non-stablecoin layer remains. Strip out Circle, Tether and BitGo and the remaining tokenized assets on Solana — treasuries, commodities, private credit, equities — account for a small fraction of the $4.49 billion in distributed value. Tokenized gold, for instance, has been expanding across chains: Circle's Arc network added Matrixdock's XAUm as its first tokenized gold product, with each token backed by one ounce held by Brink's or Malca-Amit and traceable to a numbered bar. Solana has yet to attract comparable volumes in that category. The infrastructure case for Solana holding this share is straightforward. The network's Alpenglow upgrade moved to public testnet, targeting 150-millisecond finality against the current 12.8 seconds, running through Agave 4.3. Faster finality lowers the settlement risk that issuers of tokenized treasuries and money-market products price into their operations, which is the argument Solana's developers are making to institutions weighing chain selection against Ethereum and its L2s. Regulatory direction is moving the same way. CFTC Chair Michael Selig told regulators to prepare U.S. markets for mass tokenization, recapping agency moves on 24/7 trading and stablecoin collateral. Arch Lending co-founder Himanshu Sahay said the firm will lend against tokenized equities "pretty soon," as tokenized-stock value climbed to $3.15 billion from $630 million. Those are sector-level tailwinds, not Solana-specific ones — Ethereum, Base and other venues are competing for the same issuance. ## What would break the trend The record reading carries its own risk. A $4.6 billion high set largely by stablecoin supply is vulnerable to the same forces that built it: if Solana DeFi volumes cool, USDC migrates, and the RWA figure retreats without any project failing. The holder count is the better durability test — 685,850 wallets is a distribution metric that does not unwind in a single session the way supply does. Watch the next 30-day holder print. If it holds above 600,000 while value stays near $4.5 billion, the September surge was adoption. If holders flatten while value holds, the record was Circle's balance sheet, not Solana's. This article is for informational purposes only and does not constitute investment advice.

Sep 23 2026, 15:30

Bitcoin slides 2% to $84,344 as short-squeeze fuel runs out

Bitcoin traded at $84,344 on Sept. 23, down 2.16% for the session, after a push above $87,000 failed and left the token testing the $83,600 Supertrend line on the daily chart. The move lower came as the short liquidations that had powered the rally thinned out, removing the mechanical bid that carried BTC to an eight-month high of $87,374. Short bets liquidated across bitcoin markets totaled more than $171 million in the 24 hours to Sept. 23, down from $454 million a day earlier, according to Coinglass data. Total bitcoin liquidations over the same window topped $168 million, a fraction of the more than $500 million recorded on Sept. 21, when the squeeze was at its most intense. The exhaustion of that flow matters because it was doing the heavy lifting. A rally driven by forced buying of short positions needs a steady supply of new shorts to liquidate; once the crowded side of the book is cleared, price has to stand on organic demand. Open interest across the crypto market climbed past $159 billion alongside the rebound in leverage, a build that cuts both ways — it supports a run at $90,000 if spot demand absorbs it, and it supplies the fuel for a deeper unwind if $83,600 gives way. The macro backdrop that seeded the move remains intact. Bitcoin has climbed from $77,000 since Sept. 18, when the U.S. Senate stalled the CLARITY Act market structure bill, then extended gains after reports that the Commodity Futures Trading Commission submitted proposed crypto market rules to the White House. Weekend buying pushed the token back above $81,000 even as geopolitical tensions escalated, a decoupling that market researcher James Van Straten flagged in the bitcoin-to-gold ratio, which rose 7.55% on the weekly timeframe to 19.94. Bitcoin's market capitalization held at $1.73 trillion, keeping the broader crypto market above $3 trillion. The token's year-to-date loss sits just over 2%, with a double-digit weekly gain still intact — a spread that shows how much of the September advance has been given back in a single session. What happens next is a level question. A daily close below $83,600 opens the path back toward the $81,000 weekend base and would confirm that the $87,000 break was a liquidation event rather than a demand shift. Holding it keeps the $87,000 to $90,000 zone in play and resets the positioning base for another attempt. Ether and the largest altcoins traded in the same direction as BTC, with the correlation holding near recent highs as traders cut risk into the support test. This article is for informational purposes only and does not constitute investment advice.