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Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat
Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat
Authored by Micah Zimmerman via BitcoinMagazine.com,
The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks.
On April 8, the Council of Economic Advisers released a 21‑page paper modeling what happens if payment stablecoin issuers are barred from paying yield. The analysis, tied to the 2025 GENIUS Act’s prohibition on interest for payment stablecoins, finds that banning yield would raise bank lending by only about 2.1 billion...
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Feb 20, 2026 / Tyler Durden
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.
According to Insider, Blue Owl - which is also...
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Mar 19, 2026 / Dave DeCamp
Israeli Officials Say Attack on Iran’s Pars Gas Field Was Coordinated With the US
Israeli officials told The New York Times on Thursday that the attack on Iranian facilities linked to the South Pars gas field was coordinated with the US, despite President Trump claiming the US “knew nothing” of the plans to strike the energy infrastructure. The South Pars gas field, shared by Iran and Qatar in the […]
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Mar 25, 2026 / Tyler Durden
Why Memory Stocks Crashed Today: TurboQuant Just Changed The Game With "Google's DeepSeek Moment"
Why Memory Stocks Crashed Today: TurboQuant Just Changed The Game With "Google's DeepSeek Moment"
With stocks closing solidly in the green despite some painful wobbles during the day, one sector was a notable laggard: the same sector that had dramatically outperformed the S&P since memory prices soared last October: memory stocks, most notably MU and SNDK.
In his EOD wrap, Goldman tech specialist Peter Callahan wrote that while there wasn't that much actual "angst" out there, his clients complained of plenty of "sanity checking" on the moves today in memory (MU...
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