#美国非农就业数据未达市场预期 This is quite interesting.

Old giants like BNY Mellon, instead of rushing to issue tokens or jumping on the Web3 bandwagon, quietly did something more practical: directly moving bank account funds onto the blockchain.

A quick background: BNY Mellon is one of the world's largest custodian banks. Although retail investors may not have heard of it, exchanges, funds, and clearing systems almost all rely on it.

This isn't about stablecoins or transforming the banking system. Your money still stays with BNY, with regulation, interest, and account permissions unchanged—it's just the last mile—transfers, clearing, collateralization—that starts running on the chain.

Why? The pain points for institutions are quite real:

Waiting in line to add margin; cross-system settlement is inherently slow; and operations halt during weekends or night trading. The advantage of blockchain is simple: 24/7.

Just look at who’s using it, and you'll see this isn’t a toy:

ICE (the group behind the NYSE), Citadel, DRW—top high-frequency and market-making firms—and players like Circle, Ripple, Galaxy—deeply involved in blockchain. This isn’t just a proof of concept for show; it’s infrastructure prepared for truly large-volume transactions.

There’s a particularly interesting technical detail: these on-chain deposits are programmable.

What does that mean? When conditions are met, money automatically transfers; debts are settled, and collateral is automatically returned. The entire logic runs without human oversight, system self-operating.

After all this, the big picture is becoming clear:

This isn’t about banks fighting blockchain; it’s about traditional finance starting to directly reuse the foundational tools of cryptography, dismantling and rebuilding those slow, complex, and easily stuck processes.

What do you call this? Integration.