Hemanth (cryptomhr)

📰Tokenized Treasury Bonds Market Doubles in 2024: The market value of tokenized treasury bonds has risen from $719 million to $1.44 billion this year, says rwa.xyz. BlackRock’s BUIDL, launched in March, leads with a $456 million market value. Other notable products include FOBXX, OUSG, USDY, and USTB.

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📰U.S. Crypto Regulations Target CBDCs and Non-Compliant Stablecoins: JPMorgan says U.S. crypto regulations are clamping down on central bank digital currencies (CBDCs) and non-compliant stablecoins like Tether.

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📰💰Tether purchases $100 million of shares in Bitcoin miner Bitdeer: • Bitdeer sold $100 million in shares to stablecoin issuer Tether. • Deal includes a warrant to purchase an additional $50 million within 12 months.

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