Nexbridge Brings US Treasuries to Bitcoin Blockchain With USTBL Offering

November 19, 2024 Bitcoin.com

Bitcoin

Nexbridge, a digital asset issuer, has introduced USTBL—a regulated gateway for investors to tap into U.S. Treasury returns through blockchain technology. Anchored on Blockstream’s Liquid Network, the offering leverages the firm’s Asset Management Platform, aiming to ensure streamlined compliance and bolstering transparency. The issuance kicks off with a soft cap set at $30 million. Blockstream’s […]

BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino

August 9, 2024 Bitcoin.com

bitcoin.com

The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth With a Lean Structure Stablecoin issuer Tether […]

BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency

August 3, 2024 The Daily Hodl

Currency

Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that Japan has reduced its massive […]

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BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

Tether Posts $5.2 Billion Profit in First Half of 2024

July 31, 2024 Bitcoin.com

Tether Posts .2 Billion Profit in First Half of 2024

audit

Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise in group equity. Tether Reveals Mid-Year Financials The largest stablecoin issuer […]

BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

$63,000,000,000 in US Treasuries and European Bonds To Be Liquidated As Unrealized Losses Hammer Major Bank in Japan

June 22, 2024 The Daily Hodl

bank

A banking giant in Japan has announced a plan to liquidate $63 billion in US and European treasuries in an attempt to mitigate a massive amount of unrealized losses on its balance sheet. Japan’s Norinchukin Bank, which has $681.6 billion in total assets, plans to complete the sell-off of sovereign bonds by March of next […]

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BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

China Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar

June 1, 2024 The Daily Hodl

China Dumps 1,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar

bonds

New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department says China cut its holdings from $869.3 billion in March of last year to $767.4 billion in March of this year. China’s holdings have steadily dropped from an all-time high of $1.31 trillion, which was […]

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BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

China Sells $48,900,000,000 in US Treasuries in One Quarter, Analyst Says ‘Clear Intention’ To Dump US Dollar Holdings on Display

May 25, 2024 The Daily Hodl

China Sells ,900,000,000 in US Treasuries in One Quarter, Analyst Says ‘Clear Intention’ To Dump US Dollar Holdings on Display

bonds

The world’s second-largest economy is steadily unloading billions of dollars in US Treasuries. New data from the US Treasury Department shows China pared its Treasury holdings from $816.3 billion in December of last year to $767.4 billion in March. That’s a quarterly decrease of $48.90 billion. The chief Asia foreign-exchange and rates strategist at Bloomberg Intelligence, […]

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BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They’ve Abandoned Dollar in Mutual Trade

April 26, 2024 The Daily Hodl

brics

China has sold more than $74 billion in US Treasuries in the last year, according to new numbers from the Treasury Department. China has decreased its Treasuries holdings from $849 billion to $775 billion between the beginning of Q2 2023 and Q2 2024, reaching its lowest holdings since 2009. Other countries let go of small […]

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BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

$491,900,000,000 in US Treasuries Dumped by China in a Decade As Country’s US Debt Holdings Hit 14-Year Low

November 17, 2023 The Daily Hodl

China

The second-largest economy in the world has been steadily unloading hundreds of billions of dollars worth of US government-backed securities for more than a decade. New numbers from the U.S. Treasury Department show China’s holdings of Treasury securities have reached a low not witnessed in over 14 years. China was in the process of gradually […]

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BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon

$18,500,000,000 in US Treasuries Sold by BRICS Trio of China, India and Brazil in One Month

October 22, 2023 The Daily Hodl

Brazil

A trio of BRICS member nations are unloading billions upon billions of dollars worth of US Treasuries. New numbers from the U.S. Treasury Department show China’s ownership of Treasury securities plunged from $821.5 billion in July to $805.4 billion in August – a decrease of about $16.4 billion. Fellow BRICS member India also pared its […]

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us treasuries