
New Treasury rules could change how stablecoin issuers get your dollars back
Washington is changing how Treasury trades clear, and stablecoin issuers depend on that machinery to turn reserves into cash.
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Washington is changing how Treasury trades clear, and stablecoin issuers depend on that machinery to turn reserves into cash.

Higher rates can hurt crypto prices while quietly increasing the income earned on billions of stablecoin reserves.

Banks care who can withdraw their money as much as how much they owe.

The Treasury basis trade turns tiny pricing gaps into huge returns by borrowing almost all the money needed to buy the bonds.

Six failed banks sounds like the start of another crisis until you add up what they actually owned.

A new derivatives market is emerging around one of AI’s biggest costs: the price of compute.

The San Francisco Fed says crypto firms are becoming a meaningful source of US debt demand as foreign official holdings retreat.

The SEC and CFTC are building much of crypto’s market infrastructure even after Congress failed to advance CLARITY.

The ADAPT Act would make qualifying stablecoin purchases tax-neutral in 2027 while Bitcoin payments keep existing tax treatment.
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