Patrick Witt told Consensus Miami the executive branch can take a 'big step forward' without waiting for Congress. But the last time Treasury was asked about buying BTC, the answer was no.
Payward just paid $600 million for a Hong Kong payments company that makes money moving stablecoins across borders. The firm was already profitable on $60 million in total funding.
Revenue down 31%. Stock down 5%. 700 employees gone. And the company added Bitcoin to its treasury the same quarter it posted a $482 million unrealized crypto loss.
At Consensus Miami, two of the biggest names in payments said the next wave of commerce will run on stablecoins and open protocols because traditional finance simply wasn’t built for machines.
SUI Group Holdings moved its entire treasury into staking, locking up 2.7% of circulating supply. That was Friday. By Sunday, the token hit $1.41.
Hana Bank acquired 6.55% of Dunamu from Kakao for 1 trillion won. The deal includes a won-stablecoin partnership and closes three weeks before Dunamu's merger vote with Naver.
SoftBank contributed roughly 10,500 BTC when Twenty One Capital launched. Six months later, Tether bought the entire position, removed SoftBank's board seats, and took uncontested control of a company sitting on 43,514 BTC worth $3.4 billion.
A pre-signed transaction feature designed for convenience became the entry point for the largest DeFi hack of 2026. Elliptic has flagged North Korean state actors. Circle faces fresh scrutiny.
WLFI dropped 19% this week to an all-time low while its stablecoin USD1 grew 476% to $4.2 billion. TRUMP is down 96% from its peak, MELANIA down 99%, and American Bitcoin Corp.'s stock has shed 84-93% from its Nasdaq debut highs. The Trump family's crypto portfolio spans every major sector — and most of it is deeply underwater for retail buyers.
AWS built payment rails for bots with Coinbase and Stripe. The system settles in 200 milliseconds on Base using USDC. Warner Bros. Discovery is already testing it.
The company behind USDC sold 740 million tokens at $0.30 each. BlackRock, a16z, Apollo, and ICE all bought in. The question is what Circle needs a blockchain for when it already runs a $77 billion stablecoin.
StablR's EURR and USDR lost their pegs on Sunday after an attacker compromised a single private key in a 1-of-3 multisig, minted 8.35 million unbacked USDR and 4.5 million EURR, and dumped them for 1,115 ETH. The stablecoin issuer holds a Malta EMI license and operates under MiCA. Regulation did not stop a key management failure.
Tokenized real-world assets have tripled in 17 months. U.S. Treasuries account for $16 billion. Ethereum carries 60% of the total value. BlackRock's BUIDL fund alone passed $2.5 billion. The question is no longer whether tokenization works. It is whether anyone outside finance will notice before it is too late to compete.
Tom Lee's firm now holds 4.73 million ETH — roughly 3.92% of total supply — after its biggest single-week acquisition of the year. Strategy broke a 13-week bitcoin buying streak in the same week. BitMine didn't pause once.
FinCEN and OFAC published a joint proposed rule on April 8, 2026 requiring payment stablecoin issuers to build bank-grade compliance programs, with a full enforcement deadline of January 18, 2027.
Brian Armstrong's January opposition to the CLARITY Act contributed to a Senate Banking Committee delay that stalled the bill for months. On April 11 he reversed that position, backing the current draft and aligning with Treasury Secretary Bessent's call for Congress to act — though the Senate committee has still not scheduled a markup.
