iShares Government Money Market ETF(GMMF.US)

US Senate Agriculture Committee to release updated market structure bill

The committee released a draft bill in November proposing a regulatory framework, but some lawmakers still have concerns about provisions on DeFi, ethics and stablecoins. source:

"Foreign Exchange" Trump Rules Out Military Action in Greenland, Dollar Remains Steady

Investors digest U.S. President Trump's speech in Switzerland, the euro rose slightly on Wednesday, with the euro against the dollar rising to 1.172. The dollar remained steady at 98.7. The pound against the dollar fell to 1.342. The dollar against the yen fell to 158.1, with every 100 yen against the Hong Kong dollar at 4.93. The dollar against the Canadian dollar fell to 1.382. The Australian dollar against the U.S. dollar rose to 0.675. The dollar against the Swiss franc rose to 0.794

The U.S. Treasury auctioned four-month Treasury bills with a winning yield of 3.580% and a bid-to-cover ratio of 2.99

‘Take a deep breath’: US Treasury chief tells markets ahead of Trump’s Davos moment

US Treasury Secretary Scott Bessent urged global markets to remain calm ahead of President Trump's address at the World Economic Forum in Davos. His comments come amid rising trade war fears and significant market declines, with the S&P 500 dropping 2.1% and the dollar index hitting a two-week low. Bessent's plea reflects concerns over potential European retaliation and the impact on US assets, as investors show skepticism towards the administration's messaging. Trump is expected to deliver a more combative message at Davos.

Study: Stablecoins make Fed act as global retail bank, affecting central banks under 'impossible quartet'.

A recent study by Sei Labs examines how dollar-pegged stablecoins influence global monetary policy, effectively making the Federal Reserve act as a global retail bank. This situation presents challenges for central banks, referred to as the 'impossible quartet,' as they attempt to manage exchange rates, interest rates, monetary independence, and financial stability. The research highlights the significant impact of stablecoins on international monetary policies and the global economy.