Big Banks Team Up on Dollar Stablecoin, Eye 2027 Launch
Goldman Sachs, Citi, Bank of America, Deutsche Bank and others plan a joint dollar stablecoin for 2027, targeting the $312B market dominated by USDT and USDC.
Crypto
Blue Owl Leads $2.4B AI Factory Financing for IREN
Blue Owl-managed funds are anchoring a $2.4B loan for IREN’s AI compute buildout — the latest private-credit push into GPU-backed data-center debt.
Bitcoin Rips to $77K: MSTR +8%, COIN +8%, MARA +16%
Bitcoin jumped 7.3% to $77,128, pulling crypto-linked equities along for a bigger ride: MSTR +7.8%, COIN +7.6%, MARA +15.5%, HUT +8.0%. CLARITY Act is the catalyst.
How Spot Bitcoin ETFs Work: Creation, Custody, and Fees
Spot bitcoin ETFs explained: the January 2024 approval, how authorized participants mint and redeem shares, cash vs in-kind, Coinbase custody, and where fees really bite.
Circle Sinks 18% as Visa, Stripe Back Rival OUSD Stablecoin
Circle (CRCL) closed down 17.55% at $62.63 June 30 after Visa, Stripe, BlackRock, Coinbase and 140+ firms launched rival stablecoin Open USD.
Fed Proposes Bank-Style ID Rules for Stablecoin Issuers
Fed, FinCEN, OCC, FDIC and NCUA propose a bank-style customer ID rule for stablecoin issuers under the GENIUS Act — directly affecting T-bill demand.
Bitwise Debuts $259M Tokenized Crypto Carry Fund USCC
Bitwise took over Superstate’s $259M USCC tokenized fund on June 1, 2026, bringing the crypto basis trade onchain as tokenized RWAs hit $31.8B.
Senate Banking Clears Bipartisan Crypto Clarity Act
The Senate Banking Committee favorably reported H.R. 3633, the Digital Asset Market Clarity Act, on May 14 in a bipartisan markup.
Strategy Overtakes BlackRock as World’s Largest Bitcoin Holder
Strategy holds 815,061 BTC, edging past BlackRock’s IBIT with a record $2.54B purchase — a milestone in institutional Bitcoin adoption.
SEC DeFi Green Light: Inside the Landmark Regulatory Shift
The SEC exempted DeFi user interfaces from broker-dealer rules in a landmark staff statement — a watershed moment for crypto capital markets.