Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger 
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop 
Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation 
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally 
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management 
On July 19, a US court granted Binance permission to invest customer funds in US Treasury Bills. This decision allows Binance to explore new investment avenues, potentially benefiting its customers by leveraging a third-party investment manager.
US Court Grants Binance Approval to Invest Customer Funds in US Treasury Bills
A United States court granted Binance significant opportunity permission to invest customer funds in US Treasury Bills on July 19. According to Cointelegraph, this decision not only presents Binance with new opportunities but also has the potential to benefit its customers.
Per the order issued by the United States District Court for the District of Columbia, Binance will be permitted to invest "certain" customer funds through a third-party investment manager if the funds are not reinvested in the company or any related entities.
The court order also mandated that Binance include information regarding the expenses associated with the custodianship of US treasury investments in its monthly report delineating its business operations and costs.
The potential role of cryptocurrency in supporting the ailing US dollar in the face of de-dollarization efforts by the BRICS nations is foreshadowed by the court approval that allows Binance to invest customer funds in US Treasury Bills.
More specifically, collateralized stablecoins have been proposed to extend the US dollar's dominance by decades by purchasing and holding US debt instruments. This would offset significant inflation induced by years of reckless fiscal policy, poor monetary policy, and quantitive easing.
One such example is the Tether stablecoin. In 2023, Tether's holdings of $72.5 billion in US Treasuries were comparable to those of particular developing nation-states. The company emphasizes over-collateralizing its dollar-pegged stablecoin as a precaution against a significant collapse.
Paul Ryan Highlights Stablecoins' Role in Supporting US Dollar Amid Debt Crisis, Despite Criticism
Paul Ryan, the former Speaker of the House of Representatives, also discussed the potential of stablecoins to alleviate the debt crisis and maintain the US dollar's competitiveness in global trade markets.
Ryan emphasized the substantial demand that dollar-pegged stablecoins generate for the US dollar and US debt instruments, which serve as the foundation for the value of the fiat-equivalent tokens.
Alex Gladstein, the Human Rights Foundation's chief strategy officer, is among those who maintain that dollar-pegged stablecoins merely perpetuate the dysfunctional fiat-centric system that decentralized digital currencies were intended to replace.
