
THREAD: fidelity trump bold move stablecoins
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TRUMP’S Bold Trade Shift Ignites Stock Surge, Gold Soars, Bitcoin ETF Shatters Records
— U.S. stocks jumped for the third day after President Trump signaled a gentler approach on tariffs, especially with China and car makers. The White House is weighing exemptions for auto parts from China, lifting hopes among investors. Big names like Alphabet and Procter?&?Gamble will report earnings soon.
Gold prices shot up over 1% after a rocky week. Uncertainty around the globe and changing interest rates helped push gold above $3,300 an ounce. Experts say it’s smart to hold gold right now as Trump eases up on both the Fed and China.
The U.S. dollar lost steam when Trump backed away from firing Fed Chair Jerome Powell and hinted at softer trade moves. The Japanese Yen got stronger as talk of a fast US-China deal faded.
In crypto news, BlackRock’s Bitcoin ETF smashed records — pulling in $643 million in one day and winning “Best New ETF.” Trump Media also announced new financial products focused on American-made digital assets and held an invite-only event for top holders of its meme coin.
FIDELITY and TRUMP’S Bold Move: Stablecoins to Revolutionize Finance
— Fidelity is pushing forward with its digital asset strategy by testing a new stablecoin. This aligns with the Trump administration’s plans to overhaul cryptocurrency oversight, marking a big change in the financial world. Fidelity’s move shows how important stablecoins are becoming in modern finance.
Donald Trump’s World Liberty Financial is launching a dollar-pegged stablecoin called USD1. It will be fully backed by U.S. Treasuries and other cash equivalents, ensuring stability and trust for investors. This launch highlights Trump’s ongoing influence in finance, especially digital currencies.
In Canada, Tesla faces halted rebate payments due to trade tensions with the U.S., impacting its operations as taxis or ride shares. Rebates will stay frozen until individual claims are checked, showing ongoing international trade challenges under current policies.
Moody’s has issued warnings about worsening U.S. public finances under Trump’s policies, which could make it harder to manage rising deficits and debt levels effectively.
XRP PRICE Soars: Trump’s Bold Crypto Move Shakes Market
— XRP’s price jumped by 30%, hitting $2.75 after finding support at $2.00. This rise follows talk about its possible inclusion in a US Crypto Reserve.
President Trump suggested the US might add XRP, ADA, and SOL to a national crypto reserve along with Bitcoin and Ethereum. This could change the cryptocurrency world dramatically.
Analyst “Dark Defender” predicts XRP could reach $77.7 soon, showing growing investor hope. These forecasts highlight how government-backed crypto plans might affect market trends.
TRUMP-Linked Firm’s BOLD Crypto Move Shakes Wall Street
— World Liberty Financial (WLF), linked to Donald TRUMP, has announced a strategic reserve of digital assets. The firm is moving over $307 million to Coinbase Prime. Initially thought to be a sell-off, WLF clarified these are routine treasury operations.
The project aims to tokenize real-world assets, providing secure infrastructure for institutional investors. At the Ondo Summit, WLF highlighted blockchain’s potential to modernize outdated financial systems. This move has attracted major partners like Franklin Templeton and Google Cloud, showing strong interest in blockchain’s role in traditional finance.
Market analysts suggest WLF’s crypto involvement could sway investor sentiment and influence regulatory developments. If successful, it might prompt other institutions to explore similar strategies, potentially transforming the financial landscape.
Financial markets are watching closely amid concerns about Trump’s tariff policies and their impact on inflation and interest rates. The outcome of this initiative could have far-reaching effects on both Wall Street and global finance sectors.
TRUMP-Linked Firm’s BOLD Crypto Move Shakes Up Wall Street
— World Liberty Financial (WLF), associated with former President Donald TRUMP, is making a splash in the crypto world. The firm has moved over $307 million in digital assets to Coinbase Prime. While some speculate a sell-off, WLF says these are just routine financial operations.
WLF plans to tokenize real-world assets, providing a secure platform for big investors. At the Ondo Summit, executives emphasized blockchain’s potential to update traditional finance systems. Partnerships with Franklin Templeton and Google Cloud highlight this drive for innovation.
Market experts believe WLF’s crypto involvement could sway investor opinions and regulatory trends. If successful, it might lead other firms to adopt similar strategies, significantly reshaping the financial scene.
TRUMP’S Bold Move: Executive Order to Reignite US Digital Finance
— President Donald J. Trump has signed an Executive Order to strengthen America’s leadership in digital financial technology. This action aims to provide regulatory clarity and encourage innovation, countering past policies that held back the crypto sector. The order revokes regulations seen as limiting economic freedom and global leadership in digital finance.
The Executive Order marks a major shift towards promoting growth in digital financial technology in the United States. President Trump’s administration plans to stop aggressive enforcement actions and regulatory overreach, which have previously stifled innovation under former administrations. This policy change is expected to create a more welcoming environment for technological advancement and economic opportunity for all Americans.
Additionally, the order includes steps to protect Americans from Central Bank Digital Currencies (CBDCs), viewed as threats to financial stability, privacy, and national sovereignty. By prohibiting CBDCs within U.S. borders, the administration aims to safeguard economic liberty while promoting progress in the digital asset economy.
— Nasdaq Soars 1% as Wall Street Overcomes Russia-Ukraine Concerns The tech-heavy index rallied, buoyed by a significant surge in Nvidia shares despite ongoing geopolitical tensions
— Fed’s Major Interest Rate Decision Looms The Federal Reserve is set to announce its most significant interest rate decision in years on Wednesday, with markets eagerly anticipating the implications
— TRUMP DEFENSE QUESTIONS COHEN’S CREDIBILITY AMID HUSH MONEY TRIAL Defense lawyers challenge Michael Cohen’s credibility over past lies as hush money case against Donald Trump nears conclusion
— ***Trump Hush Money Trial: Testimonies from Former Aide, C-SPAN Director, and Banker Unveiled*** Key testimonies from Trump’s ex-assistant, C-SPAN archives head, and Cohen-linked banker revealed in trial
— Alphabet Stock Surges: 14% Increase Post Strong Earnings and Debut Dividend
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