Key Takeaways US Bancorp is piloting its own stablecoin on the Stellar blockchain. Stellar was chosen for its strong compliance-oriented features like asset freezing and transaction management. Share this article US Bancorp, a Minneapolis-based financial institution, is testing its own stablecoin on Stellar, a public blockchain focused on facilitating financial transactions and asset tokenization with
Tether co-founder Reeve Collins launched his “next evolution of stablecoins” STBL last month, but its value has fallen 80% in four weeks. Source link
Another hard week hit the crypto markets. Hyperliquid price formed a new low, and it begs the question “How much more?”. Are investors scared and confident still? What is liquidity telling us about the current state of the market? Lots and lots of questions to ask. One place to look for answers is the charts.
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Ondo Finance strategically backs Figure’s yield-bearing stablecoin to bolster its Onchain US Treasuries Fund (OUSG). Ondo Finance has invested $25 million in YLDS, the yield-bearing stablecoin issued by Figure Certificate Company (FCC), to support its Ondo Short-Term US Treasuries Fund (OUSG). The investment aims to diversify the fund’s yield sources and strengthen its portfolio, which
The BTC correction has extended the drawdown from its all-time high to 36%, making it the largest in this cycle, both in percentage and in the scale of long liquidations. Bitcoin (BTC) ended last week with negative returns amid the broader crypto market’s continued decline. Analysts at the crypto exchange Bitfinex revealed in a
Chase says it closed Mallers’ accounts after detecting “concerning activity” that may violate the Bank Secrecy Act. Source link
Despite ongoing crypto market volatility, Metaplanet opted for a leveraged strategy for its latest Bitcoin acquisition. Summary Metaplanet is leveraging to acquire more Bitcoin, despite volatility The firm tapped an additional $130 million from its $500 million loan facility The Tokyo-listed firm recently announced a $135 million share offering Due to ongoing volatility in the
If you’re looking for an excellent pair of over-ear headphones that stand out in both their sound quality and looks, the Nothing Headphone (1) are currently marked down to just $239 on Amazon, a 20% discount from their usual price. They’re one of our favorite wireless headsets, earning the title “best looking” while still sounding
Key Takeaways Texas acquired $10 million in BTC on Nov. 20 as part of its newly approved Strategic Bitcoin Reserve initiative. The state made the initial purchase through BlackRock’s IBIT ETF, with plans to self-custody in the future. Share this article Texas has become the first U.S. state to purchase Bitcoin for its treasury, acquiring