๐ Global & Macro: Elon Musk is reportedly considering a donation of at least $100 million to the Republican Party, with House Speaker planning a meeting. This political move could influence US crypto policy, given Musk’s advocacy for digital assets.
๐ฆ RWA & Institutional: No direct RWA tokenization news this hour, but Circle’s CCTP V1 sunset by Dec 2026 underscores the infrastructure evolution for cross-chain stablecoin transfers, which is foundational for RWA liquidity.
โก Crypto & Markets: Circle announced full decommissioning of CCTP V1 on December 1, 2026, urging migration to V2 for enhanced efficiency and security in cross-chain USDC transfers. FOMO co-founder announced completion of its first funding round with participation from 140 investors, though the amount was undisclosed.
๐ก Key Takeaway: Circle’s CCTP V2 migration signals a strategic push for more robust cross-chain infrastructure, while Musk’s potential political donation could shape future crypto regulationsโboth factors are pivotal for market dynamics and institutional adoption.
RWA