The Wire PM — June 22, 2026

The Wire PM — June 22, 2026

MoneyGram Becomes a Solana Validator

MoneyGram is now running an active validator on Solana, staking SOL and processing blocks to help secure the network at the protocol level, the company said Monday. Solana becomes the third chain where MoneyGram operates a validator, after the payments network Tempo and Midnight. The remittance firm also joined the Solana Developer Platform as an early institutional adopter alongside Mastercard, framing the move as infrastructure work rather than a single product launch. For a yields desk, a payments operator with tens of millions of customers validating Solana is the kind of settlement demand that thickens the stablecoin liquidity DeFi lending runs on. Source: The Block, CoinDesk. Track Solana yields →

ICE and OKX Launch Tokenized-Equities Venture Led by Cuomo

Intercontinental Exchange, owner of the NYSE, and OKX are forming an equally owned joint venture, OKXICE, to build infrastructure for tokenized securities and crypto-linked financial products. Former New York governor Andrew Cuomo will co-chair it alongside ICE futures executive Trabue Bland. Pending regulatory approval, the venture plans to operate as a US broker-dealer and futures commission merchant, giving OKX's roughly 120 million users access to ICE futures and tokenized NYSE equities. The deal builds on ICE's earlier $200 million investment in OKX and pushes tokenized real-world assets further into regulated TradFi rails. Source: CoinDesk, The Block. See RWA context →

Bank of England Eases Stablecoin Rules, Sets £40B Issuance Cap

The Bank of England softened its proposed stablecoin framework Monday, dropping plans to cap individual holdings at £20,000 and business holdings at £10 million in favor of a temporary £40 billion issuance cap per systemic sterling stablecoin. Issuers can now hold up to 70% of reserves in short-term UK government bonds, with the rest at the central bank, a change that directly improves the yield and commercial viability of running a regulated stablecoin. Par redemption within 24 hours stays in place. The Bank is taking feedback through September 22 and aims to finalize the code of practice by year-end. Source: Bloomberg, CoinDesk. Compare stablecoin yields →

Taiko Halts Blocks After $1.7M Bridge Exploit

Ethereum Layer-2 Taiko stopped producing blocks and urged users to withdraw from every bridge on the network after an attacker forged cross-chain proofs to drain about $1.7 million. Security firm BlockSec traced the likely cause to a Raiko signing key left publicly accessible on GitHub, which let fake withdrawals settle on Ethereum without matching deposits on Taiko. The team froze activity within hours and asked exchanges to suspend TAIKO deposits, but the token still fell about 10% to $0.073. Bridge key management stays one of the least forgiving risks in DeFi, and exactly the kind of failure a security score should price. Source: CoinDesk, The Block. See risk scores →

Numbers (Updated)

• BTC: $64,289 (+0.30% 24h)
• SOL: $72.56 (-2.11% 24h)
• ETH: $1,730.32 (-0.15% 24h)
• Solana DeFi TVL: $4.93B
• Top USDC yield (Solana): Jupiter Lend 4.80% ($408M)

---

Explore all Solana yields → · Morning edition → · Follow @yieldwirexyz