luyice (luyice)

luyice

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Billionaire Mark Cuban Receives 475 ETH, About $1.28 Million, From Genesis-Linked Addresses

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Robinhood Q3 Crypto Trading Revenue Up 165% YOY to $61 Million, Volume Up 112% YOY

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The U.S. Treasury Department partially reviewed the impact of digital assets in a new report, stating that “the growth of stablecoins has led to a small increase in the demand for short-term Treasury debt.” It estimates that $120 billion of stablecoin collateral has been invested in Treasuries, with the majority of that (nearly $81 billion) being purchased by Tether. The 132-page report released by the U.S. Treasury on Wednesday was drafted for the Treasury Department's Borrowing Advisory Committee, and includes a subsection devoted to digital assets that examines mainstream digital assets such as bitcoin and stablecoin.

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