Tether announced that USDT will be natively launched on the Bitcoin network next month. The stablecoin currently has over 720 million users worldwide. (The Bitcoin Historian)
Last week, Strategy spent $22.1 million to purchase 267 bitcoins at an average price of $82,900. The funds came from the sale of 140,872 common shares, increasing its bitcoin holdings to 848,517. Strategy's board of directors increased its digital credit repurchase authorization from $2 billion to $3 billion and spent $193.1 million to repurchase STRC preferred stock.
In the past 24 hours, the price of BTC fell to $81,113, the price of HYPE fell to $76.86, and the price of LIT rose to $3.57. LIT rose 8.8% against ETH and 8.1% against BTC. (Onchain Lens)
Chainalysis data shows that tokenized corporate credit grew by 3156% and private equity grew by 1340%, with the largest increase in U.S. Treasury bonds, reaching $8.56 billion.
