US Treasury Bills

In a significant development, the market for tokenized U.S. Treasury debt has seen a surge, with the value of Treasury notes tokenized on public blockchains reportedly surpassing $1 billion for the first time. What Happened: The market value of U.S. Treasury notes tokenized on public blockchains...

Bitfinex's parent company, iFinex Inc., is considering a $150 million share repurchase to increase its influence over the crypto exchange's operations amidst rising regulatory attention. The Hong Kong-based iFinex, which has ties to the prominent stablecoin issuer Tether Holdings Ltd. (...

Bloomberg Intelligence’s Mike McGlone likened Bitcoin (CRYPTO: BTC) to a teenager who has grown up on a high-sugar diet of extraordinarily low-interest rates and is now facing challenges amid changing economic conditions. “Bitcoin typically outperforms when the liquidity pump is on, and...

Tether Holdings Limited, the company behind the popular stablecoin USDT (CRYPTO: USDT) reported a net profit of more than $700 million in the last quarter of 2022, according to its latest Consolidated Reserves Report (CRR). The report showed Tether ended 2022 with zero commercial paper and at...