News with the tag "t-bills"

El Salvador has finally embraced its first tokenized U.S. Treasuries offering after being one of the most pro-crypto nations. The offering will be offered through NexBridge, a digital asset issuer specializing in the tokenization of financial assets. Tokenized U.S. Treasuries are already doing well ...

Ripple invests $10 million in OpenEden’s tokenized T-bills initiative, marking a significant TradFi advancement on the XRPL.

Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), ...

The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time.

Bloomberg Intelligence’s senior macro strategist Mike McGlone says that one major factor has him bearish on the crypto markets. In a new interview with crypto analyst Scott Melker, McGlone says that the high interest rates currently offered on US Treasury Bills (T-Bills) is sucking liquidity out of ...