Four US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury Department’s country-by-country league table. The amount in overnight Treasury-collateralized repos and Treasury-heavy money market funds would put the group between Norway’s $195.9 billion and Saudi Arabia’s $133.8 billion. Tether’s USDT tops the cohort.
The flexibility of Arbitrum’s tech stack may be gaining traction on Wall Street through Robinhood and its stock tokenization push, but the Ethereum layer-2 scaling network’s qualities should eventually make it a go-to hub for game developers, according to Offchain Labs CEO Steven Goldfeder. In an interview, Goldfeder said that companies like Xai Games and
Will Bitcoin surge past $109,000 by July 12? With just three and a half days remaining and less than a 1% move required, cryptocurrency traders are placing their bets on whether the world’s largest digital asset can overcome critical resistance levels that have capped recent rallies. Currently trading around $109,090, Bitcoin sits very, very close
In case you missed it during the holiday week, collaborative design tool Figma filed to go public via IPO. Used by 95% of Fortune 500 companies and with $871 million of revenue over the trailing twelve months (up 49% Y/Y), Figma disclosed bitcoin ETF exposure of $70 million as well as board approval to buy
In a bold move signaling growing confidence in digital assets, Japanese fashion brand ANAP Holdings has once again made headlines with its latest Bitcoin acquisition. This strategic decision by a prominent player in the fashion industry underscores a fascinating shift in corporate treasury management and investment strategies across the globe. For those keenly watching the
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Blockchains inflate their tokens to pay their validators as rewards. I guess this is ironic, given how much contempt the industry has for inflationary fiat. But there’s a crucial difference: Tokens exist in a vastly competitive marketplace; fiat doesn’t. If a token
Americans have virtually stopped worrying about tariff-induced inflation according to a monthly survey published by the New York Federal Reserve. BTC Edges Higher on Softer Inflation Expectations The New York Federal Reserve’s Survey of Consumer Expectations for June, published on Tuesday, shows that Americans expect inflation to be around 3% a year from now which
Rynus is excited to announce its groundbreaking collaboration with Roam to infuse AI infrastructure with borderless communication. Through this strategic partnership, the cutting-edge decentralized compute resources are integrated into global connectivity effortlessly. This advancement aims to empower users by building a dynamic platform for them to stay and connect. They can earn rewards at any