Transaction URL: https://etherscan.io/tx/0xd65337019a28233fba0d80b1ec25b62b254466e60a70c94d9e0079e1f0f8e8f8
- Crunch
- Global
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
Stablecoin issuer Circle has acquired Hashnote, the company that created the largest tokenized money market fund.
Circle is the company behind USDC, a stablecoin with a market cap that has grown to $48 billion. Call it tokenized cash if you like; Circle CEO Jeremy Allaire did in a Tuesday X space.
But now there’s also growing interest in bringing more real-world assets onchain, the executive noted. Outside of stablecoins, the largest category within the segment is tokenized Treasurys/money market funds.
Franklin Templeton launched its OnChain US Government Money Fund (FOBXX)…
Read more on Blockworks
In an in-depth discussion on the Hell Money Podcast, David Bailey, CEO of BTC Inc., shared insights into Bitcoin’s transformative potential, its geopolitical implications, and its role as a cornerstone of a new global economic framework.
“I see this happening so much faster than anyone can appreciate. Within 10 years, Bitcoin will become the reserve asset of the world.”
00:00 Intro07:15 Bitcoin soft forks 11:00 Bitcoin vs. Crypto in US policy 19:20 How much political power does Bitcoin have? 23:50 Bitcoiners are politically homeless 26:20 Strategic Bitcoin Reserve 29:00 Bitcoin development and ossification 32:00 Separation of money and state 33:40 Raise your time… Read more on BitcoinMagazine
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
During his first 12 hours in office, the 47th president issued 46 presidential actions.
Some were expected: Donald Trump designated acting chairs of the CFTC (Caroline Pham) and SEC (Mark Uyeda). Others were promised, like the executive orders mandating a federal hiring freeze and declaring a national energy emergency.
Some were symbolic: ordering the Gulf of Mexico to become the Gulf of America, and renaming Alaskan peak Denali to Mount McKinley.
Trump got to work on his immigration crackdown, issuing two executive orders: “guaranteeing the states protection against…
Read more on Blockworks