Treasury Bond
CoinDesk's Noelle Acheson points out the real narrative shift is in the broader market, not bitcoin.
The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds.
The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis.
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history.
A bond trading platform built on top of Hyperledger's Sawtooth Lake distributed ledger was made open source this week.