US treasury relies on stablecoins to fund short-term debt, but they can’t fix its $28B long-bond problem
Stablecoin demand is becoming consequential in the U.S. government debt market, but the maturity of that demand matters more than the headline total. Washington now…
Treasury proposed GENIUS change forces US exchanges to audit foreign stablecoin or face delisting
Treasury’s proposed rules under the GENIUS Act, the new US stablecoin law, would let US exchanges and other digital-asset service providers keep offering some foreign-issued…
Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity
Bitari Inc., a Bitcoin mining host pursuing a planned Bitcoin mining IPO and Nasdaq listing, is asking public buyers to provide nearly all of the…
Ripple relies on locked XRP reserves to back a $275 million institutional credit line
Ripple Prime closed an upsized $275 million private placement of senior unsecured notes, giving the non-bank prime broker a new pool of capital for its…