Treasury yields kept climbing even as Scott Bessent pushed more bond buybacks, while MarketWatch warned rising yields and inflation pressures are nearing a danger zone for stocks.
U.S. Bank piloted its own dollar-backed stablecoin, USBDC, on the Stellar network to move funds between its North American and European entities.
MoneyGram has launched a stablecoin-backed Visa card built with Rain, debuting in Colombia as it pushes further into blockchain-based payments.
Tether and asset manager Fasanara have seeded a $400 million evergreen private credit fund, with plans to scale it up to $3 billion using USDT-linked lending infrastructure.
Nasdaq has invested $100 million in Payward, Kraken's parent company, valuing the exchange at $21 billion, up from the $13.3 billion valuation implied by Deutsche Börse's stake in April.
An Anthropic researcher departed over AI safety concerns amid internal debate on existential risk.
Crypto advocates and community bankers are pressing senators in their home states before a September 15 procedural vote, while Coinbase's Armstrong says crypto regulation moves forward either way.
Trezor says attackers compromised its email provider and sent phishing messages from the company's real domain, falsely warning of a hardware flaw that could expose users' recovery phrases.