Brian Armstrong claims that stablecoins can enable low-cost USD transfers
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Brian Armstrong stated that through stablecoins, anyone with a smartphone can receive dollars and instantly send them anywhere at a cost of less than 1 cent. (Cointelegraph)
Cathie Wood stated that the US government may begin purchasing Bitcoin to establish national reserves. She believes that cryptocurrency has political significance in President Trump's midterm elections and may influence the next phase of US policy development. (Cointelegraph)
[Federal Reserve Reverse Repo Operation Accepts $3.28 Billion]
The Federal Reserve accepted $3.28 billion from six counterparties in its fixed-rate reverse repo operation.
IREN director Mike Alfred stated that the price of Bitcoin will reach $150000 within a few weeks and predicts a breakthrough growth in 2026. (The Bitcoin Historian)
Chinese regulatory authorities have warned that RWA tokenization carries risks and has not been approved. Previously, the People's Bank of China stated that stablecoins did not meet China's KYC and anti money laundering requirements. (Cointelegraph)