Daily Market Wrap | Dec. 11

Hot Topics

Fed cuts rates 0.25% for the third consecutive time, signals one 2026 cut amid job weakness and sticky inflation.

State Street and Galaxy to launch tokenized SWEEP liquidity fund on Solana in early 2026, seeded by $200M from Ondo.

UK FCA prioritizes stablecoin payments for 2026, finalizing rules with BoE and opening sandbox applications by Jan 18.

Market Updates

Trump brothers’ American Bitcoin adds 416 BTC ($38M) to holdings, reaching 4,783 BTC total as of Dec 8.

Stripe acqui-hires Valora’s team to boost blockchain and stablecoin efforts.

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