ChainCatcher message, according to Whale Alert monitoring, USDC Treasury minted 70,300,000 USDC on the Ethereum chain.

ChainCatcher news, according to Whale Alert monitoring, at 20:47 Beijing time, USDC Treasury minted an additional 250 million USDC on the Solana chain, worth approximately 250 million USD.

ChainCatcher news, according to CoinDesk, the U.S. Senate confirmed hedge fund billionaire Scott Bessent as Treasury Secretary with a vote of 68-29. Bessent will succeed former Secretary Janet Yellen, becoming the highest financial official in the Trump administration.It is noteworthy that Bessent had previously invested his personal assets in Bitcoin ETFs, but he has liquidated these digital assets after receiving the nomination. During the confirmation hearing, he explicitly stated his opposition to the issuance of a U.S. dollar CBDC, a position that has been recognized by the crypto industry.According to Trump's executive order, the Treasury Department led by Bessent will submit a report on existing regulatory modifications within two months and propose regulatory legislative recommendations within six months. Senate Banking Committee Chairman Mike Crapo called Bessent "one of the sharpest minds in the global financial industry."

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury has issued an additional 250 million USDC ($250,174,999) on the Solana chain.

ChainCatcher news, according to Caixin, changes in the leadership of the U.S. Treasury Department may alter the department's approach to cash held at the Federal Reserve. Strategists warn that this move could impact the U.S. bond market.Institutions such as Bank of America and Wrightson ICAP LLC indicate that as cash balances—funds that ensure the U.S. can pay its bills—decrease, the Treasury may reduce the funds held in Federal Reserve accounts.Against the backdrop of a restored debt ceiling and shrinking cash balances, this would allow the government to issue fewer short-term bonds, potentially saving taxpayer money.

ChainCatcher news, Morgan Stanley CEO Ted Pick revealed that the bank is working with the U.S. Treasury and other regulatory agencies to explore providing cryptocurrency trading services. Regarding phenomena like the TRUMP coin in the market, Pick stated that this reflects market liquidity manifesting in different ways, with the broader question being whether these have matured and if crypto assets have reached "escape velocity."Pick emphasized that time is the best friend; the longer the trading duration, the more likely perceptions will become reality. As a heavily regulated financial institution, Morgan Stanley will collaborate with the Treasury and regulatory agencies to explore how to conduct cryptocurrency business safely.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury has issued an additional 250,000,000 USDC (250,199,999 USD) on the Solana chain.

ChainCatcher news, according to Bitcoin.com, the Fifth Circuit Court of Appeals in Texas overturned the sanctions imposed on the cryptocurrency mixing platform Tornado Cash, stating that the sanctions by the Treasury Department's Office of Foreign Assets Control (OFAC) on Tornado Cash's immutable smart contracts exceeded its jurisdiction, as these smart contracts cannot be owned or controlled by any party.The court noted that Tornado Cash's immutable smart contracts do not fall under the definition of "property" in the International Emergency Economic Powers Act, as these self-executing programs operate independently and are not affected by shutdowns or modifications. The ruling also addressed the plaintiffs' defense of Tornado Cash's legitimate applications, such as ensuring financial privacy and preventing cyber threats.Legal analysts expect that this ruling will contribute to the ongoing discussions regarding cryptocurrency regulation and the governance of open-source blockchain systems.OFAC has not indicated whether it will appeal this case to the Supreme Court. Currently, the case has been returned to the district court for further proceedings based on the appellate court's ruling.

ChainCatcher news, according to SolanaFloor monitoring, USDC Treasury has minted 250 million USDC on Solana, and Circle has minted a total of 4.2 billion USDC in the past 22 days.

ChainCatcher news, according to Beincrypto, Chainlink community liaison Zach Rynes posted a reminder on the X platform stating: "This is the latest example of misinformation rampant in the XRP community. This time, we discovered a fake KYC account from the Philippines impersonating the U.S. Treasury and issuing fake tokens on the XRPL."The scam post related to the U.S. Treasury XRP wallet spread rapidly once published, with several popular X accounts retweeting it. This fake wallet is said to have interacted with major institutions such as Bank of America and JPMorgan, but on-chain analysis shows it is located in the Philippines, indicating that a non-U.S. account has clearly activated this counterfeit Treasury wallet. Rynes stated that trained individuals can immediately recognize the warning signs in this incident, but "it's hard to know how to address social media scams like this."

ChainCatcher news, according to Whale Alert monitoring, at 8:20 today, USDC Treasury issued an additional 71,301,077 USDC (71,315,543 USD) on the Ethereum chain.

ChainCatcher news, according to GlobeNewswire, reinsurance solution Oxbridge today announced that its board has approved the decision to hold Bitcoin and Ethereum as treasury reserve assets. This decision reflects Oxbridge's commitment to innovation and its strategy of diversifying financial assets while exploring inflation-resistant assets with long-term growth potential, including Bitcoin, Ethereum, and potentially other cryptocurrency-related opportunities.This initiative complements Oxbridge's blockchain-based tokenization of real-world assets (RWA) program. These plans are driven by its Web3-focused subsidiary SurancePlus Inc. ("SurancePlus"), aiming to reshape the accessibility of reinsurance investments through tokenization and decentralization.By leveraging blockchain technology, SurancePlus hopes to enable more people to participate in investments in reinsurance contracts, transforming this asset class, which was previously reserved for ultra-high-net-worth individuals and institutions, into a dynamic and inclusive investment opportunity.

ChainCatcher message, according to Solid Intel monitoring, USDC Treasury has minted an additional 250 million USDC (approximately 250.25 million USD).

ChainCatcher message, billionaire entrepreneur and cryptocurrency advocate Mark Cuban stated on the X platform: "If meme coins are the trend of the future, maybe I will issue one. However, I will add a twist. The issuance terms will be the same as TRUMP: 20% circulation, the same release plan. But there is one difference. All proceeds from the token sales will go directly to the U.S. Treasury. The wallet address will be public so everyone can track the flow of funds. If you want to take a gamble, go ahead. But at least use this money to help reduce the U.S. debt."

ChainCatcher news, according to Whale Alert monitoring, about an hour ago, USDC Treasury minted 250,000,000 USDC (250,137,500 USD) on the Solana chain.

ChainCatcher message, according to Whale Alert monitoring, around 12:21 PM Beijing time, 101,118,430 USDC were burned at the USDC Treasury.

ChainCatcher message, USDC Treasury burned approximately 60.15 million USDC on the Ethereum chain about 45 minutes ago.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury has once again issued 50 million USDC on the Ethereum chain.

ChainCatcher message, according to Whale Alert monitoring, at 2:04 Beijing time, USDC Treasury issued an additional 250 million USDC on the Solana chain.

ChainCatcher news, according to Whale Alert monitoring, around 21:58 Beijing time today, USDC Treasury minted an additional 250 million USDC on the Solana chain.