Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.

Lawrence Lepard, the investment manager, said that even if the CLARITY Act was approved by 60 votes in the Senate, stabilizing the demand for money would not be enough to improve the current situation of the US treasury bond bond market. At present, the market value of stablecoins is about 255 billion US dollars, lower than the 263 billion US dollars in January; The US Treasury Department needs to issue over $8 trillion in debt annually, with stablecoins covering only about 3%. In 2025, the proportion of US debt held by foreign entities has dropped to 32%, lower than 57% after the financial crisis. Faryar Shirzad, Chief Policy Officer of Coinbase, said that the US dollar stable currency could transform overseas demand for digital dollars into demand for US treasury bond bonds.

[UK Court Shuts Down Key Coin Assets, 9 Investors Lose Over £300,000] According to (Bitcoin.com) News, a UK court has shut down cryptocurrency company Key Coin Assets Ltd. Nine investors filed complaints with Action Fraud, reporting a total payment of over £300,000. Investigators found no evidence of genuine transactions by the company and believe its operations exhibited characteristics of a Ponzi scheme.

Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold

Robinhood CEO Vlad Tenev stated that the forecasted market has become the fastest-growing business line for the company, with an annual revenue of $100 million. Currently, the company is committed to optimizing the core experience coherence during product expansion.

[Fasset Secures $68 Million Funding Led by SBI Group, Valuation Reaches $1 Billion] According to CoinDesk, stablecoin neobank Fasset has secured $68 million in funding led by SBI Group, bringing its valuation to $1 billion. Fasset's annualized trading volume exceeds $40 billion, spanning 125 countries, with revenue growing approximately sixfold year-over-year. The company has been profitable for 12 consecutive months. Fasset has built a proprietary Layer 2 network, OWN, on Arbitrum, providing cross-border payment services for stablecoin settlements to institutions and individuals. It has also partnered with SBI Remit to integrate into its remittance network, which covers 200 countries.