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 has two debt-market stories running at once. The federal framework for permitted payment stablecoins channels reserves into cash-like instruments and Treasuries with no more than 93 days remaining. Farther out
The US Treasury expects to borrow $739 billion from July through September while paying investors to hand back some of its older bonds. The pairing looks self-defeating because both transactions involve the same issuer. However, they are on separate ledgers and solve separate problems: auctions finance the government and create liquid benchmarks, while buybacks retire
Circle’s wrapped Bitcoin product entered the market with unusually strong institutional credentials and almost no visible scale. The company paired cirBTC with segregated reserves, a federally supervised custodian, direct minting and redemption for eligible businesses, and the distribution infrastructure behind $USDC. Circle’s Aug. 27 reserve panel nevertheless showed just 40.02450077 cirBTC outstanding about 11 weeks
Coinbase’s new B20 stock tokens on Base place Apple, Alphabet, Meta and Nvidia-linked exposure on a blockchain that keeps trading through the weekend. AAPLc, GOOGLc, METAc and NVDAc confer beneficial claims on underlying shares held within Coinbase’s tokenization structure; they are designed for eligible users outside the United States and differ from ordinary US-listed shares.
After struggling to break past the resistance level at $65K, Bitcoin [$BTC] finally crossed the $80K price threshold. However, at press time $BTC was changing hands at $78,075.19 after over a 2% drop in 2 days. This pushed MSB Intel to throw light on the fact that Bitcoin has historically spent very little time trading
Delaware Life Insurance Company’s 2025 balance sheet took on a startling new shape when the insurer corrected its annual filing: roughly $17 billion of investments were classified as related-party holdings, about 39% of invested assets, versus roughly $1.4 billion and 3% in the earlier version. Clear Spring Life and Annuity Company made a separate correction
Bitcoin Reclaims Ground After Recent Pullback Presently, at 10:10 a.m. Eastern time, $BTC is trading for $78,650 per coin after touching the 24-hour peak at 9:30 a.m. Its price has been in the green over the last day after the recent pullback, and seven-day stats show $BTC is up 1.8%. Since July 30, bitcoin’s price
Coinbase US500 futures reached a $100 million milestone, giving the exchange an early test of whether a crypto-native trading mechanism can travel into regulated US equity markets. The chart attached to Armstrong’s Aug. 28 post tracked trailing 24-hour matched volume after US500 began trading on Aug. 17. It ended at an annotated $104 million near
Michael Saylor hinted at Strategy’s first bitcoin purchase since June 22 as Bitcoin neared $79,000, up almost 1% over the past 24 hours and more than 2.5% from Friday’s low, followed by Federal Reserve Chair Kevin Warsh’s hawkish Jackson Hole speech. Strategy’s MSTR$127,36·À la clôture executive chairman posted “We’re Back” on X, most likely implying