Surprisingly, the Assets Under Management (AUM) of Circle’s USYC, the Tokenized Money Market Fund (TMMF), increased from $150 million to $2.68 billion in just five months. USYC, currently the largest fund of its type, also posted an estimated net return…
The Trump administration’s budget request calls for cutting 63% of awards to community development financial institutions and focusing on rural aid instead of “immigration, gender and climate radicalism.” Source link
Republic, A leading online investment platform providing access to capital as well as secondary offerings for issuers. Securities and Exchange Commission (SEC) will discuss important issues that will affect online capital markets and secondary trading of private securities. Republic is…
The FBI’s latest Internet Crime Complaint Center (IC3) report revealed a sharp increase in cybercrime losses. Total losses reported in 2025 exceeded $20.8 billion. shape is a sign 26% increase compared to the previous yearhighlights the growing scale and sophistication…
“We’re basically building a new-age BNY,” said company founder George Davis. Source link
Banks’ outdated payment infrastructures are increasingly ceding market share to faster-moving fintech rivals. As merchants and customers demand seamless digital experiences, real-time processing and embedded finance options, legacy systems designed for batch processing and slower rails are creating bottlenecks that…
The tokenized real-world assets (RWA) market has experienced massive growth in 2026, with a total value exceeding $27 billion. The accelerating growth has highlighted the increasing integration between traditional finance (TradFi) and decentralized finance (DeFi). Bridging TradFi and DeFi has…
The Pittsburgh-based super regional said benefits include enhanced credit card rewards, cash rewards on some lending services and higher savings rates. Source link
Bernie Sanders and Ro Khanna advance legislation that would impose a 5 percent annual federal wealth tax on billionaires; this proposal is expected to raise $4.4 trillion over the next decade. The plan would apply to fewer than 1,000 Americans…
Miami-based fintech company Pepper Payment LLC Entered Chapter 7 bankruptcy. The company has sought to streamline digital payment solutions for small businesses. Voluntary application submitted March 31, 2026 U.S. Bankruptcy Court in the Southern District of FloridaIt signals the start…
