Trump-affiliated USD1 has $0 in excess reserves
The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
Bitcoin24h
$91,326.53+2.01%
Ethereum24h
$3,128.15+3.07%
XRP24h
$2.10+3.39%
BNB24h
$902.18+1.31%
Solana24h
$135.36+2.26%
TRON24h
$0.2876+0.21%
Dogecoin24h
$0.1415+1.41%
Cardano24h
$0.4316+4.13%
Bitcoin Cash24h
$597.60+1.49%
Hyperliquid24h
$29.41-5.54%
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Billionaires rally around David Sacks after NYT exposé—by Protos Staff
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Beginning of the end? Strategy dilutes MSTR, slashes EPS guidance 76%—by Protos Staff
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Re7 Labs threatens whistleblower over exposure to yield vault collapse—by Protos Staff
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S&P 500 declines to add Strategy again—by Protos Staff
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S&P Global Ratings says Tether’s stability is ‘weak’—by Protos Staff
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DeFi yield aggregator Yearn discloses September incident in yUSND vault—by Protos Staff
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Calvin Ayre linked to Wirecard collapse on German public TV—by Protos Staff
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Top crypto execs cash in as stocks collapse—by Protos Staff
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CHART: Bitcoin ETFs shed $58B, dropping faster than BTC—by Protos Staff
