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Gary Smith, professor of economics at Pomona College, and Jeffrey Funk, winner of the NTT DoCoMo Prize in Mobile Science, wrote that Trump's embrace of Bitcoin, or the largest "pull-up-and-sell" in history, would certainly push up the price of Bitcoin if the US federal government spent trillions of dollars buying it. But how can the US government pay off the national debt by buying Bitcoin at an overvalued price? Perhaps Trump envisions a "pull-up-and-sell". In "pull-up-and-sell"...
Amazon recently partnered with stablecoin companies StraitsX and NTT Digital to participate in a blockchain tokenization simulation. Typically, Amazon marketplace sellers receive payments every 14 days, but in some cases this can be extended to 90 days. The simulation involves tokenizing these receivables and putting them on an exchange where lenders can buy them at a small discount. In the simulation, these sellers receive StraitsX XSGD stablecoins encapsulated as Purpose Bound Money (PBM). The...
NTT Digital, Japan's largest telecommunications company, has officially joined Injective as its newest validator, one of the world's largest Fortune 500 companies, and has selected Injective as its primary blockchain partner to expand into Web3.
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