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On March 28, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Friday was $992 million (with 5 counterparties), compared to $885 million on the previous trading day.

[Federal Reserve Overnight Reverse Repo Usage Reaches $992 Million]On March 28, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Friday was $992 million (with 5 counterparties), compared to $885 million on the previous trading day.

Federal Reserve Overnight Reverse Repo Usage Reaches $992 Million

On March 28, U.S. Secretary of State Rubio, attending the G7 Foreign Ministers' Meeting in France, stated on the 27th that the military operations against Iran are expected to conclude at an appropriate time. "We are talking about weeks, not months," he said. According to a report by a journalist from the U.S. Axios news website posted on social media, Rubio mentioned at the foreign ministers' meeting that the conflict will continue for "2 to 4 weeks." (Xinhua News Agency)

[U.S. Secretary of State: Iran Conflict to Continue for 2 to 4 More Weeks]On March 28, U.S. Secretary of State Rubio, attending the G7 Foreign Ministers' Meeting in France, stated on the 27th that the military operations against Iran are expected to conclude at an appropriate time. "We are talking about weeks, not months," he said. According to a report by a journalist from the U.S. Axios news website posted on social media, Rubio mentioned at the foreign ministers' meeting that the conflict will continue for "2 to 4 weeks." (Xinhua News Agency)

U.S. Secretary of State: Iran Conflict to Continue for 2 to 4 More Weeks

On March 28, U.S. Secretary of State Rubio, attending the G7 Foreign Ministers' meeting in France, stated on the 27th that the United States can still achieve its military objectives against Iran without deploying ground troops. (Xinhua News Agency)

[U.S. Secretary of State: Achieving Military Objectives Against Iran Without Ground Troops is Possible]On March 28, U.S. Secretary of State Rubio, attending the G7 Foreign Ministers' meeting in France, stated on the 27th that the United States can still achieve its military objectives against Iran without deploying ground troops. (Xinhua News Agency)

U.S. Secretary of State: Achieving Military Objectives Against Iran Without Ground Troops is Possible

HTX data showed that TRX broke through 0.31  USDT and is now at 0.310006 USDT, with a decrease of 0.39% in 24H.

[TRX broke through 0.31  USDT] HTX data showed that TRX broke through 0.31  USDT and is now at 0.310006 USDT, with a decrease of 0.39% in 24H.

TRX broke through 0.31  USDT

HTX data showed that AAVE fell below 100  USDT and is now at 99.961 USDT, with a decrease of 5.11% in 24H.

[AAVE fell below 100  USDT] HTX data showed that AAVE fell below 100  USDT and is now at 99.961 USDT, with a decrease of 5.11% in 24H.

AAVE fell below 100  USDT

On March 28, Iranian state media reported that following today's attacks by the United States and Israel on Mobarakeh Steel Company and Khuzestan, Iran has announced new retaliatory targets, including six steel plants in Israel and five facilities in Gulf countries. The specific targets are as follows: Saudi Arabia (KSA): Hadeed Steel (part of SABIC); United Arab Emirates (UAE): Emirates Steel Arkan; Qatar: Qatar Steel; Bahrain: Foulath Steel (part of SULB & GIC); Kuwait: United Steel Industrial Co. (KWT Steel); Israel: Yehuda Steel. Iran also warned that American industrial companies allied with Israel and heavy industries in the region should leave their workplaces immediately.

[Iran to Retaliate Against Israeli and Gulf Steel Industries]On March 28, Iranian state media reported that following today's attacks by the United States and Israel on Mobarakeh Steel Company and Khuzestan, Iran has announced new retaliatory targets, including six steel plants in Israel and five facilities in Gulf countries. The specific targets are as follows: Saudi Arabia (KSA): Hadeed Steel (part of SABIC); United Arab Emirates (UAE): Emirates Steel Arkan; Qatar: Qatar Steel; Bahrain: Foulath Steel (part of SULB & GIC); Kuwait: United Steel Industrial Co. (KWT Steel); Israel: Yehuda Steel. Iran also warned that American industrial companies allied with Israel and heavy industries in the region should leave their workplaces immediately.

Iran to Retaliate Against Israeli and Gulf Steel Industries

On March 28, in response to the recent increase of U.S. troops in the Middle East, Iran stated that it is prepared to counter any form of ground invasion. According to Iranian media reports on March 26, Iran has mobilized over 1 million combat personnel in preparation for ground warfare with the United States. (CCTV International News)

[Iran Claims Readiness to Counter Any Form of Ground Invasion]On March 28, in response to the recent increase of U.S. troops in the Middle East, Iran stated that it is prepared to counter any form of ground invasion. According to Iranian media reports on March 26, Iran has mobilized over 1 million combat personnel in preparation for ground warfare with the United States. (CCTV International News)

Iran Claims Readiness to Counter Any Form of Ground Invasion

On March 27, Bank of America strategist Michael Hartnett stated that investors should buy consumer stocks to bet on the 'policy panic' as the U.S. strives to prevent an economic recession. In a client report, the strategist mentioned that once the conflict in the Middle East is resolved, President Donald Trump is likely to push for measures to protect American consumers from the impacts of an economic downturn and maintain his support among voters. Hartnett noted, 'We believe there will be a policy panic aimed at avoiding recession.' He added that Trump would seek to pivot post-conflict to address affordability issues and declining approval ratings.

[Bank of America Strategist Hartnett Recommends Buying US Consumer Stocks]On March 27, Bank of America strategist Michael Hartnett stated that investors should buy consumer stocks to bet on the 'policy panic' as the U.S. strives to prevent an economic recession. In a client report, the strategist mentioned that once the conflict in the Middle East is resolved, President Donald Trump is likely to push for measures to protect American consumers from the impacts of an economic downturn and maintain his support among voters. Hartnett noted, 'We believe there will be a policy panic aimed at avoiding recession.' He added that Trump would seek to pivot post-conflict to address affordability issues and declining approval ratings.

Bank of America Strategist Hartnett Recommends Buying US Consumer Stocks

On March 28, the Iranian Atomic Energy Organization announced that the 'yellowcake' production facility located in Ardakan, Yazd Province, Iran, was attacked by US and Israeli forces just a few minutes ago. Preliminary investigations indicate that the incident did not result in any leakage of radioactive materials outside the complex. (CCTV) 'Yellowcake' is a form of uranium oxide, typically extracted from crushed natural uranium ore, and is an essential intermediate product in the nuclear fuel production process; however, it cannot be used directly in nuclear reactors and is generally used for refining enriched uranium.

[Iran Claims US-Israeli Attack on 'Yellowcake' Production Facility, No Radioactive Material Leakage]On March 28, the Iranian Atomic Energy Organization announced that the 'yellowcake' production facility located in Ardakan, Yazd Province, Iran, was attacked by US and Israeli forces just a few minutes ago. Preliminary investigations indicate that the incident did not result in any leakage of radioactive materials outside the complex. (CCTV) 'Yellowcake' is a form of uranium oxide, typically extracted from crushed natural uranium ore, and is an essential intermediate product in the nuclear fuel production process; however, it cannot be used directly in nuclear reactors and is generally used for refining enriched uranium.

Iran Claims US-Israeli Attack on 'Yellowcake' Production Facility, No Radioactive Material Leakage

According to LedgerInsights, today the Monetary Authority of Singapore (MAS) issued a whitepaper on purpose bound money, a tokenized form of digital currency which restricts how money can be used. It is part of the Project Orchid retail central bank digital currency research (CBDC) initiative. Four pilot projects are being run, three of which involve Singapore’s largest banks, DBS, OCBC and UOB.
The central bank distinguishes between programmable payments – conventional payments with rules, programmable money, where the rules and the payment instrument are combined in a blockchain-based token, and purpose bound money (PBM), which it views as a third model building on programmable money. The money involved might be central bank digital currency, tokenized bank deposits or stablecoins, collectively referred to as digital Singapore dollars (DSGD). In the DBS pilot it is tokenized bank money.

Detail

【Singapore to trial purpose bound money CBDC, digital currency, with DBS, OCBC, UOB pilots】According to LedgerInsights, today the Monetary Authority of Singapore (MAS) issued a whitepaper on purpose bound money, a tokenized form of digital currency which restricts how money can be used. It is part of the Project Orchid retail central bank digital currency research (CBDC) initiative. Four pilot projects are being run, three of which involve Singapore’s largest banks, DBS, OCBC and UOB.
The central bank distinguishes between programmable payments – conventional payments with rules, programmable money, where the rules and the payment instrument are combined in a blockchain-based token, and purpose bound money (PBM), which it views as a third model building on programmable money. The money involved might be central bank digital currency, tokenized bank deposits or stablecoins, collectively referred to as digital Singapore dollars (DSGD). In the DBS pilot it is tokenized bank money.

Singapore to trial purpose bound money CBDC, digital currency, with DBS, OCBC, UOB pilots

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Singapore to trial purpose bound money CBDC, digital currency, with DBS, OCBC, UOB pilots

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