us bonds – DIGIT INFO

Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin

DIGIT — Mon, 16 Jan 2023 10:30:23 +0000

A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need to sell could disrupt the U.S. Treasuries market, affecting prices. Cornell Profesor Alerts […]

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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

DIGIT — Mon, 16 May 2022 14:00:35 +0000

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to be “the most transparent and trusted dollar digital currency.” Terra’s Stablecoin De-Pegging Incident Has Cast a Spotlight on […]

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Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin

DIGIT — Mon, 23 Aug 2021 16:31:44 +0000

Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting.

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Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes

DIGIT — Thu, 04 Jun 2020 10:10:16 +0000

Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than five years, the analysis shows. Bitcoin’s Volume Growth […]

The post Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes appeared first on Bitcoin News.

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