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

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[1] Solana Hits Highest-Ever RWA Value at $4.6 Billion (https://u.today/solana-hits-highest-ever-rwa- ...)[2] Crypto News (https://www.altcoinbuzz.io/category/crypto-ne ...)

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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, 15:39

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

Solana became the fourth network to carry CADD on Sept. 23, 2026, after Tetra Digital Group added support for the token it launched on Ethereum, Base and Tempo on May 4. The stablecoin is issued through Tetra Trust Company and CAD Digital Inc., pegged 1:1 to Canadian dollars held in segregated trust reserves that are independently audited, and approved by the Alberta Treasury Board and Finance. Tetra Trust holds the distinction of being Canada's first regulated digital asset custodian, a status that gives CADD a supervisory pedigree most projects lack at launch. "CADD offers a way to keep Canadian financial activity denominated in Canadian currency, even in a blockchain-native environment," Didier Lavallée, chief executive officer of Tetra Digital Group, said. Lavallée has framed the token as a tool to modernize Canadian payment infrastructure rather than as a trading instrument. The consortium behind the project reads as a roster of Canadian fintech and traditional finance: Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank of Canada and Shopify. Tetra raised $10 million in September 2025 to build the product out, and cleared a technical milestone in December 2025 when the first transfer of a Canadian-dollar stablecoin between regulated institutions settled on a testnet. Anchorage Digital was added in late May 2026 to provide custody for institutional clients. ## Solana's throughput is the point, not the price Solana's transaction throughput and low fees make it the most natural of the four networks for the payment flows CADD targets, which is why the expansion reads as a distribution decision rather than a marketing one. The target use cases are institutional: 24/7 cross-border settlement, real-time treasury transfers, programmable payments and fintech-to-fintech settlement — transactions that currently stall against correspondent banking hours and legacy rails that close on weekends and holidays. That is the gap CADD is selling into. Nearly all on-chain settlement runs through USD-pegged tokens, so even a transaction between two Canadian counterparties ends up economically tethered to the US dollar through the settlement asset itself. A CAD-denominated token removes that intermediate step for domestic flows, and by launching across four chains CADD positions itself to meet institutional users on whichever network they already operate. Supply figures for CADD were not yet disclosed as of Sept. 23, 2026, and no market capitalization data was available from DefiLlama at the time of publication. That absence matters for how the launch should be read: the announcement establishes rails and regulatory standing, not liquidity. A stablecoin's usefulness to treasurers scales with the depth of its float and the number of venues that quote it, and neither is established by a chain integration alone. ## What CADD is actually competing against The competitive set is not other Canadian tokens — it is USDC and USDT, which together dominate on-chain dollar settlement and have no incentive to cede Canadian payment corridors. Circle's USDC and Tether's USDT both trade at $1.0000 by design, and both are already native on Solana, meaning CADD arrives on a network where the incumbent settlement asset is deeply liquid and universally accepted. The regulatory contrast is the sharper differentiator. CADD operates under provincial approval from Alberta Treasury Board and Finance with reserves in segregated trust, a structure closer to a trust company than to a bank deposit. That is a narrower framework than the federal stablecoin regime taking shape in the United States, and a different one from the European Union's MiCA rules, which treat e-money tokens under a single passport. For a Canadian institution weighing which token to hold on its balance sheet, the question is whether provincial approval travels — and that remains untested across provincial and international boundaries. Tetra has not published a timeline for CADD issuance targets, exchange listings or additional chain deployments. The next observable milestones are the first disclosed supply figures and the first institutional counterparties named beyond the custody arrangement with Anchorage Digital. 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.