Circle Internet Group’s stock surged 10.7% on Wednesday after it announced two major deals, a USDC launch on World Chain and a partnership with Brazilian fintech Matera.World Chain, created by…
Senate Democrats Elizabeth Warren and Richard Blumenthal want Meta to explain what its stablecoin plans are.In a letter sent to the social media giant on Wednesday, the lawmakers asked the…
Key Points:U.S. Treasury Secretary Basant predicts over $2 trillion stablecoin market by 2028.Legislative support expected to boost global dollar use.No immediate official reactions or opposing statements from industry leaders.
Secretary Basant…
Gold advocate and longtime Bitcoin critic Peter Schiff has admitted his biggest regret is missing the chance to invest in Bitcoin early. In a surprising turn, Schiff confessed on X,…
Almost a year and a half after bitcoin spot exchange-traded funds were unleashed upon the U.S. financial system, financial advisors are still trying to wrap their heads around crypto.That’s…
Key Points:U.S. customs tariff revenue hit $23 billion in May.Represents a 270% increase year-over-year.Tariff revenue accounted for 3% of government spending.
The U.S. Treasury Department reported a record $23 billion in…
In major movement, gold has officially overtaken the euro to become the second-largest reserve asset, behind only the U.S. dollar. As per the recent European Central Bank (ECB) report, gold…
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and…
Key Points:U.S. Treasury Secretary expects stablecoins to hit $2 trillion.Stablecoin growth to foster global dollar dominance.Potential boost to U.S. Treasuries of over $1 trillion.
During a recent Senate hearing, U.S. Treasury…
As the news broke out of lower-than-expected U.S. inflation data, the cryptocurrency market experienced a positive action as most tokens traded on a higher note today. Considering the historic market…