Bitcoin Leads Crypto Market Amid SEC & Visa Driving Blockchain Growth

The crypto market saw a slight dip of 0.19% over the last 24 hours, signaling a period of consolidation. With a total market capitalization standing at $3.91 trillion, the market remains stable but cautious.

Crypto Market Experiences Minor Setback Amid Consolidation

Bitcoin (BTC) is holding steady around $114,000, while Ethereum (ETH) is hovering near $4,100. Other cryptocurrencies such as XRP, Solana (SOL), and Binance Coin (BNB) are not moving much despite this stability, and their prices are mostly stagnant.

The crypto market is abuzz in significant news, with the US Securities and Exchange Commission (SEC) considering a proposal to permit blockchain-based stock trading and provide insight on how DePIN tokens will be regulated.

Meanwhile, Visa has taken a significant step toward integrating stablecoins to facilitate money transfers across the international borders in real time, which would signify the even more widespread adoption of blockchain technology to the financial industry worldwide.

SEC Explores Blockchain for Stock Trading

The SEC is supposedly working on a proposal that is likely to permit blockchain stock trading. The relocation would allow the shares of publicly traded companies in digital form, also referred to as tokenized stocks, to be traded on cryptocurrency exchanges.

The proposal is only at the initial phase, as it is likely to introduce the advantages of tokenization to the stock market, enhancing liquidity, minimizing costs, and increasing access to the market by investors.

In recent months, tokenized assets have become popular with platforms such as Robinhood and Kraken having products in the form of tokenized stocks. Nasdaq also asked the US Securities and Exchange Commission to authorize tokenized securities to be listed on its exchange.

Furthermore, cryptocurrency exchange Coinbase is also taking the same route, seeking approval of the SEC to issue tokenized equities. US Securities and Exchange Commission Chairman Paul Atkins has also termed tokenization as an innovation that should be encouraged with a view to the fact that it can revolutionize financial markets.

Visa Tests Stablecoins for Instant Cross-Border Payments

Visa has also introduced a pilot project to experiment with stablecoins to make instantaneous cross-border payments. The pilot, unveiled in SIBOS 2025, will involve the USDC and EURC stablecoins of Circle to allow banks and other financial institutions to pre-fund payments across the border. The innovation might bring much modernization in payment systems, where international transactions can be much faster and even efficient.

President of Commercial and Money Movement Solutions at Visa Chris Newkirk, discussed the purpose behind the program, which is to discontinue usage of old systems of payment. Through the adoption of stablecoins as cash equivalents, Visa will be able to better manage liquidity and reduce treasury practices. Financial institutions involved in the pilot area will not need to save capital beforehand, and the transfer of payments across borders is therefore more effective.

SEC’s No-Action Letter on DePIN Tokens

The SEC has released a no-action letter that is unusual in terms of the subject of Decentralized Physical Infrastructure Networks (DePIN) tokens. This letter explains how the SEC will not enforce an upcoming token launch by the project DoubleZero of the DePIN. The Division of Corporation Finance of the US Securities and Exchange Commission concluded that the token and the related service are not subject to the securities rules of the agency.

This action is important because it underlines a change in the attitude of the SEC toward decentralized projects. According to SEC Commissioner Hester Peirce, the model proposed by DePIN is just fundamentally different from capital-raising transactions, which are under the authority of the US Securities and Exchange Commission . This ruling can be seen as a milestone by the founders of the DePIN project, as it provided evidence that the cooperation of regulators and innovators can result in clear guidelines not stifling innovation.