tesoro

💥 An “As” up my sleeve! $1 Trillion!
The Treasury plans to use its mega reserves account to dominate bonds (Without the #Fed )

The “Treasury Twist”

The market doubted the ability of #Tesoro to sustain its aggressive bond-buying plan, but senior officials have just revealed a triumphant letter: the Treasury General Account (TGA). With nearly a trillion dollars amassed, this strategy promises to shake long-term yields with full governmental autonomy.

🔓 A hidden arsenal
The TGA is, in essence, the federal government’s checking account, managed by the Federal Reserve as if it were a commercial bank. Under the Biden administration, the goal was to keep it between $550 billion and $600 billion. The secretary
#ScottBessent has inflated it to nearly a trillion, and now that discretionary cushion could become the fuel for an unprecedented operation.

Initial skepticism
Since it didn’t specify how it would be funded, the market assumed the Treasury would sell short-term bills. This doubt about the plan’s feasibility caused bonds to pull back and yields to rise.

Total independence: This move sends a clear message: the Treasury has the financial muscle to carry out this operation on its own, easing fears that it would need to seek help or intervention from the Federal Reserve.

A calculated risk: While using the TGA reduces the government’s cash “cushion” in the event of a stalemate at the debt ceiling, the next limit won’t be reached until winter or spring of next year. There’s plenty of time to replenish the account.
#CryptoNews
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The Announcement of the TARP Plan and the Guarantee to Money Market Funds in 2008, the Creation of the European Payments Union in 1950, and the Enactment of Female Suffrage in New Zealand in 1893: Economic Anniversaries of September 19 🏛️📜💱

On September 19, three crucial economic events in history are commemorated: in 2008, the U.S. Treasury announced a guarantee for money market funds and the TARP framework, containing a financial crisis and reforming regulation. In 1950, the creation of the European Payments Union, backed by the Marshall Plan, restored monetary convertibility and laid the groundwork for European financial integration. Finally, in 1893, New Zealand enacted female suffrage, a milestone that advanced women’s economic inclusion and their property rights.

#TESORO #PLANMARSHALL
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the world of cryptocurrencies: The UK House of Lords votes to impose the government's crypto strategy

The UK government lost a House of Lords vote by 194 votes, and its peers backed an amendment that would require the Treasury to publish a formal national strategy for digital assets.

The measure increases legislative pressure on the government to define a structured approach to cryptocurrencies, stablecoins, and tokenized finance. The vote comes as competing jurisdictions advance their own regulatory frameworks, raising the risk that the UK will clarify its position in the global digital assets landscape.

Arbitrum decides to integrate tokenized stocks into DeFi

Arbitrum has announced plans to incorporate tokenized stocks into its network, positioning this move as a step toward greater financial integration in decentralized financing.

No additional details were provided about the compatible assets, partner protocols, timelines, or technical implementation in the announcement.

#Tokenization #Arbitrum #defi #Europa #Tesoro $ARB