🚨 BREAKING: WHITE HOUSE SAYS STABLECOIN YIELD WON’T HURT BANKS
White House economists say rewards tied to stablecoin activity are unlikely to drain deposits or damage banks.
A new report says banning yield would boost lending by just 0.02% (~$2.1B), mostly benefiting large banks, not community lenders.
Economists say the benefits of a ban are “simply implausible” and would “do very litttle” to protect lending.
This directly challenges claims from banking groups warning of up to $1.3T in deposit losses if stablecoins are allowed to offer yield.
White House economists say rewards tied to stablecoin activity are unlikely to drain deposits or damage banks.
A new report says banning yield would boost lending by just 0.02% (~$2.1B), mostly benefiting large banks, not community lenders.
Economists say the benefits of a ban are “simply implausible” and would “do very litttle” to protect lending.
This directly challenges claims from banking groups warning of up to $1.3T in deposit losses if stablecoins are allowed to offer yield.
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▶️ JUST IN: South Korea is moving to legalise tokenised real-world assets and stablecoins under existing laws.
The proposal sets rules for both RWAs and stablecoins, requiring real asset backing in regulated trusts while allowing stablecoins to be used more easily for everyday payments
The proposal sets rules for both RWAs and stablecoins, requiring real asset backing in regulated trusts while allowing stablecoins to be used more easily for everyday payments
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💸 ADAM BACK COULD BE SATOSHI NAKAMOTO, NYT SUGGESTS
British cryptographer Adam Back may be Satoshi Nakamoto, with evidences pointing to Hashcash’s role in Bitcoin's white paper, his early digital cash work in the late 90s, and similarities in writing style.
However, no direct proof exists, stylometric analysis is inconclusive.
Back denies the claim, calling it coincidence while declining to share key email data.
British cryptographer Adam Back may be Satoshi Nakamoto, with evidences pointing to Hashcash’s role in Bitcoin's white paper, his early digital cash work in the late 90s, and similarities in writing style.
However, no direct proof exists, stylometric analysis is inconclusive.
Back denies the claim, calling it coincidence while declining to share key email data.
🚨 BREAKING: TRUMP THREATENS 50% TARIFF ON ANY COUNTRY SUPPLYING WEAPONS TO IRAN, NO EXCEPTIONS
The obvious names are RUSSIA & CHINA, both long tied to Iran through defense and dual-use tech transfers, and NORTH KOREA, a perennial suspect on missiles and components.
This would DOUBLE the 25% secondary tariff Trump slapped on Iran's trading partners back in January, marking the MOST AGGRESSIVE secondary tariff action of his second term.
The obvious names are RUSSIA & CHINA, both long tied to Iran through defense and dual-use tech transfers, and NORTH KOREA, a perennial suspect on missiles and components.
This would DOUBLE the 25% secondary tariff Trump slapped on Iran's trading partners back in January, marking the MOST AGGRESSIVE secondary tariff action of his second term.
‼️ BREAKING: Trump says "there will be NO enrichment of Uranium" in Iran.
He claims Iran will fully halt enrichment, with the US working alongside it to remove deeply buried nuclear "dust".
This flips one of Iran’s core demands in its own 10-point peace plan, where enrichment was a red line.
“Many of the 15 points have already been been agreed to,” he adds.
He claims Iran will fully halt enrichment, with the US working alongside it to remove deeply buried nuclear "dust".
This flips one of Iran’s core demands in its own 10-point peace plan, where enrichment was a red line.
“Many of the 15 points have already been been agreed to,” he adds.
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🚨 JUST IN: France announces €36B ($39B) in defense spending, roughly 2.5% of GDP, to expand its nuclear arsenal and boosts missile and drone stocks.
For comparison, that's MORE than Iceland's entire GDP ($38.4B).
For comparison, that's MORE than Iceland's entire GDP ($38.4B).
🚨BREAKING: Saudi Arabia's oil pipeline to the Red Sea, carrying 7 million barrels per day, was hit by a drone attack, Bloomberg reports.
🚨IRAN DEMANDS CRYPTO FEES AS TOLLS DURING CEASEFIRE
Iran could demand oil tankers to pay crypto as tolls during the two-week ceasefire period as it seeks to maintain control over passage through the key waterway, per FT.
$1 per barrel of oil, empty tankers can pass freely.
Iran could demand oil tankers to pay crypto as tolls during the two-week ceasefire period as it seeks to maintain control over passage through the key waterway, per FT.
$1 per barrel of oil, empty tankers can pass freely.
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🚨IRAN DEMANDS CRYPTO FEES AS TOLLS DURING CEASEFIRE
Iran could demand oil tankers to pay crypto as tolls during the two-week ceasefire period as it seeks to maintain control over passage through the key waterway, per FT.
$1 per barrel of oil, empty tankers can pass freely.
Iran could demand oil tankers to pay crypto as tolls during the two-week ceasefire period as it seeks to maintain control over passage through the key waterway, per FT.
$1 per barrel of oil, empty tankers can pass freely.
🚨Iran asked for 10 things but the US will probably ONLY say yes to 2-3.
Here are the odds:
1. US promises no more attacks.
US will probably agree, but only if Iran won't attack first.
2. Iran controls the Strait of Hormuz.
Iran legally borders half the strait, so "control" in the territorial-waters sense is already reality.
3. Iran can enrich uranium.
US wants LOW enrichment only (like 3-5%, for power plants), not bomb-level.
4. Drop all main sanctions.
Possible in stages, never all at once.
5. Lifting of all secondary sanctions.
These hurt European, Chinese, and Indian firms, which creates diplomatic pressure for US to ease them.
6. End UN Security Council resolutions.
US can push for this at the UN, but other countries (UK, France) must agree too.
7. End IAEA (nuclear watchdog) resolutions.
The US actually wants inspectors watching Iran.
8. US pays Iran for war damage.
Trump has long attacked Obama for sending money to Iran, so reparations look far-fetched.
9. US troops leave the Middle East.
US may pull back a little from bases near Iran, but full withdrawal is impossible as allies need them.
10. Stop war on all fronts (including Hezbollah).
US can pause its own actions, but can't control Israel.
2 days to the most consequential handshake of the decade.
Here are the odds:
1. US promises no more attacks.
US will probably agree, but only if Iran won't attack first.
2. Iran controls the Strait of Hormuz.
Iran legally borders half the strait, so "control" in the territorial-waters sense is already reality.
3. Iran can enrich uranium.
US wants LOW enrichment only (like 3-5%, for power plants), not bomb-level.
4. Drop all main sanctions.
Possible in stages, never all at once.
5. Lifting of all secondary sanctions.
These hurt European, Chinese, and Indian firms, which creates diplomatic pressure for US to ease them.
6. End UN Security Council resolutions.
US can push for this at the UN, but other countries (UK, France) must agree too.
7. End IAEA (nuclear watchdog) resolutions.
The US actually wants inspectors watching Iran.
8. US pays Iran for war damage.
Trump has long attacked Obama for sending money to Iran, so reparations look far-fetched.
9. US troops leave the Middle East.
US may pull back a little from bases near Iran, but full withdrawal is impossible as allies need them.
10. Stop war on all fronts (including Hezbollah).
US can pause its own actions, but can't control Israel.
2 days to the most consequential handshake of the decade.
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🔥IRAN’S PUBLIC PEACE PLAN DIFFERS FROM VERSION SENT TO TRUMP
A White House official says the 10-point proposal Iran released publicly is different from the version President Trump called a “workable basis” for negotiations, per NYT.
A White House official says the 10-point proposal Iran released publicly is different from the version President Trump called a “workable basis” for negotiations, per NYT.