Senators urge Treasury ensure state authority in GENIUS application

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.”...
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Strategy's bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive's SATA....

Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives
Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound still tends to compress risk into a single APY. That tension sits at the center of Solstice’s pitch: whether stablecoin-native, delta-neutral strategies can become usable yield infrastructure without recreating the same ...
