US Treasury Says Stablecoins Should Be Replaced by a CBDC
A report released Wednesday by the Treasury highlighted fears that the growing stablecoin market is buying up too many T-bills, and must be wound down.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
US Treasury Buyback Expansion Adds New Macro Liquidity Signal For Bitcoin Traders
The US Treasury has increased the maximum size of liquidity-support buyback operations for longer-dated nominal coupon securities,...
Coinbase And Ripple CEOs Reportedly Meet Howard Lutnick Over CLARITY Act
Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse reportedly met privately with Howard Lutnick, President Trump’s Comm...
Bitcoin treasury Hyperscale sells 686 BTC to clear loans but says cash won’t cover next 12 months
In August 2026, Hyperscale Data sold approximately 686 Bitcoin for about $43.4 million, then used part of the proceeds to repay al...
Bitcoin Hits $70,000 as Trump Pushes CLARITY Act, Hyperliquid Surges and $1.4 Billion in Shorts Get Wiped Out
By late trading, Bitcoin was changing hands around $69,200, up approximately 7% over 24 hours after starting the session near $64,...
Nasdaq-listed company warned it may not survive 12 months after its crypto treasury crashed 46%
Cosmos Health’s crypto treasury was down about 46% at the end of June as the Nasdaq-listed company warned that recurring losses an...
Ethereum Jumps 18% As Spot Volume Surges Across Exchanges
Ethereum surged 18% intraday as spot trading volume jumped sharply across major global exchanges, putting ETH back at the center o...