Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company’s insatiable appetite for American debt is the main argument for sending those tokens further around the world. The distance between those two positions tells us a great deal about where crypto ended up. Tether built a
A hypothetical payment stablecoin issuer within the Federal Reserve’s proposed supervisory scope, with $1 billion in circulation and no revenue from activities outside its reserve assets, would start with a $20 million baseline operational-risk capital charge under the Fed’s proposal announced Sept. 24. A separate loss-history adjustment and any other applicable capital charges would still
Wall Street Wants the Real Thing Onchain Investors can already buy tokens carrying the names and price movements of U.S. stocks. There’s a caveat, owning one doesn’t necessarily make you a shareholder. Bullish, Equiniti, Alpaca, Apex Fintech Solutions and Drivewealth formed the Issuer Sponsored Token Coalition on Sept. 24 to change that. Instead of another
Copper Futures Hit $6.95 Record Copper futures set a fresh all-time high of $6.95 per pound on September 22, capping a year in which the industrial metal and gold have moved in strikingly opposite directions. The record has reopened a debate that reaches well beyond commodities desks: can copper begin closing the gap with gold
Securitize’s tokenized stocks have emerged as the leader in market cap growth, adding $250.8 million over the past 30 days. This surge highlights a growing trend in the adoption of digital assets, especially among institutional investors. The insight was shared by CryptoTwitter commentator @tokenterminal, emphasizing the competitive landscape for tokenized stocks. As digital finance continues
JPMorgan, the world’s most valuable financial services firm, continues to expand its footprint on Ethereum. The firm’s JLTXX and MONY tokenized money market funds have surpassed $940 million in combined on-chain assets under management, highlighting Ethereum’s growing role in institutional finance. This development, noted by crypto commentator @tokenterminal, indicates a strong trend towards blockchain integration
US on-highway diesel climbed to $6.529 a gallon on Sept. 21, up 24.4 cents in a week, according to the Energy Information Administration. The rise raises a freight-cost inflation risk for Bitcoin investors watching how long interest rates stay elevated. Because EIA had called the lower Sept. 14 price a record in nominal dollars, the
Anthropic has sought shareholder approval for a plan that would give CEO Dario Amodei and six other co-founders a combined 50.1% of voting power after its planned IPO. According to The Information, which cited people familiar with the planning, Anthropic is asking shareholders to approve a special class of shares before the Claude developer goes
Jumper is preparing to launch its JUMP token sale on Legion next week as the crosschain trading app pushes beyond bridging and swaps into a broader suite of onchain financial products. The sale will open September 29 at 1:00 PM UTC and run through October 2 at 1:00 PM UTC. Eligible participants will be able
Strategy is proposing daily dividends across STRF, STRC, STRK and STRD, changing how preferred shareholders receive their cash income. If implemented, dividends would accrue every calendar day, including weekends and holidays, with payment made on the next business day. The key point is simple: this doesn’t increase the total return. It changes the payment frequency.