Stablecoins Will Disrupt Cross-Border Payments, Investment Bank William Blair Says

Stablecoins are poised to reshape the global financial system, with investment banking firm William Blair calling them a “major technology upgrade” over the traditional rails that have long underpinned cross-border money movement. The Chicago, Illinois-based banking firm argued that stablecoins will not only replace legacy infrastructure for business-to-business transactions,...
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IREN and WULF Shares Jump as Companies Launch Billion Dollar Debt Deals

Artificial intelligence and high performance computing (AI/HPC) miners continue to surge pre-market. IREN (IREN) is up 6% pre-market above $73 per share, after closing a $1 billion private offering of 0.00% convertible senior notes due 2031. The deal was oversubscribed and included a fully exercised $125 million greenshoe. The...
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No Data, No USD Bears. Headwind for Bitcoin?: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin’s (BTC) bounce from late Tuesday lows near $110,000 has stalled just above $113,000 as the lack of fresh U.S. economic data leaves both crypto and forex traders in limbo. The CoinDesk 20 (CD20) Index steadied above 3,800 points, representing...
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