Beckett: The argument in the US bond market is absurd, and the US balance sheet can serve foreign policy

The transfer volume of Stellar network stablecoins increased by 50% to $8.92 billion within 30 days, while the supply decreased by 11.7% to $387.9 million during the same period.

US Treasury Secretary Besson stated that the argument in the US bond market is absurd and that the US balance sheet can serve foreign policy; Besent reiterated his possession of asymmetric information and expressed a firm stance on the yen exchange rate game.

[City of Plattsburgh, New York Proposes Suspension of Crypto Mining and AI Data Center Approvals] The City of Plattsburgh, New York, is reviewing a temporary land use moratorium targeting high-energy consumption computing facilities, including cryptocurrency mining and AI data centers. If passed, projects with electricity usage of 300 kilowatts or more will face a 12-month approval suspension. The proposal responds to local residents' concerns about electricity costs, with the town council scheduled to hold a vote on September 17.

[StablecoinX Appoints Christopher Jensen as CEO to Manage $480 Million ENA Treasury] Nasdaq-listed company StablecoinX has appointed former Franklin Templeton executive Christopher Jensen as CEO, succeeding Ted Chen, who will assume the role of Chairman of the Board. Christopher Jensen will oversee StablecoinX's crypto asset treasury, which holds 3.03 billion ENA tokens with an asset value of approximately $480 million.

Gunlak stated that the Federal Reserve should raise the benchmark interest rate by 50 basis points. (Source: Federal Reserve)