Arthur Hayes predicts stablecoins from major banks will fund U.S. debt, triggering a new crypto rally and boosting Bitcoin and Ethereum through stealth QE.
Ripple Labs applies for federal banking charter to bring its $470 million RLUSD stablecoin under direct Federal Reserve oversight and compete with established players.
The global financial landscape is flashing mixed signals. U.S. equities held steady despite Microsoft layoffs and Trump’s aggressive new tariff regime, while European markets edged higher even as U.K. bond yields spiked on political drama.