How Stablecoins Back US Debt With $44B in T-Bill Buys
The stablecoin market cap jumped from $260 billion to $304 billion between July and November, prompting issuers to purchase $44 billion in US Treasury bills to comply with a federal mandate embedded i...
Strategy Fails to Join the S&P 500 Once Again
SanDisk Corp. will join the S&P 500 on Friday, November 28, 2024, replacing Interpublic Group of Companies Inc., according to S&P Dow Jones Indices. After the announcement on Monday, shares of the com...