At a New York Fed conference on Sept. 22, Treasury officials and market participants discussed whether the government should lend excess cash …
Trillion
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Regulation
Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits
by shayaanby shayaanBrazil’s central bank will bar virtual assets, including stablecoins, from settling one specific type of international payment flow starting Oct. 1. Resolution …
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Finance
Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade
by shayaanby shayaanAnthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut. Open interest in …
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Finance
Solana Founder Links Elon Musk and Altman’s AI Slowdown to ‘Profitability at $1 Trillion Market Cap’
by shayaanby shayaanSolana blockchain co-founder Anatoly Yakovenko reacted sarcastically to a sudden agreement among AI industry leaders to force a halt to the development …
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Markets
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
by shayaanby shayaanPayments and capital markets are driving growth for Ripple’s $2.4 billion digital dollar as it looks to bring RLUSD to Europe under …
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Finance
Binance pre-IPO contract pushes Anthropic to a $2.1 trillion implied valuation
by shayaanby shayaanOn Sept. 9, Binance’s pre-IPO perpetual contract for Anthropic traded above $2,100, reaching an implied value that exceeds $2.1 trillion based on …
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Finance
U.S. Treasury Weighs $1 Trillion TGA Drawdown for Bond Purchases, Boosting Liquidity
by shayaanby shayaanThe U.S. Treasury Department is reportedly considering deploying up to $1 trillion from its Treasury General Account (TGA) to finance bond purchases, …
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ADI Chain and Shipfinex are partnering to tokenize commercial ships, aiming to open the $680B ship-finance market to wider capital pool. www.coindesk.com
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Regulation
The crypto project trying to replace the US banking system just pulled its 10 trillion token filing
by shayaanby shayaanAmerican CryptoFed withdrew its second attempt to register the Locke governance token after the US Securities and Exchange Commission (SEC) staff found …
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Adoption
Wall Street Banks Take It Slow As $90 Trillion Perpetual Futures Market Opens In The U.S.
by shayaanby shayaanThe crypto market’s most traded product—perpetual swaps—is finally arriving on U.S. regulated exchanges, but the biggest Wall Street institutions are staying away, …