Morning Minute: Citi and Coinbase Just Made Stablecoins Invisible
60-second summary
Citi and Coinbase launch a joint initiative that renders stablecoins effectively invisible by removing them from balance‑sheet reporting, prompting immediate regulatory scrutiny. Meanwhile, major crypto firms rally as oil prices dip and Treasury yields retreat, while Michael Saylor’s fund resumes Bitcoin purchases, boosting demand. These moves tighten liquidity, pressure stablecoin transparency and could spur broader market volatility.
Plus, crypto majors rebound as oil and yields fall and Saylor’s Strategy returns to buying Bitcoin.