Stanford University increased a commercial paper program by $500 million to $1 billion, marking the latest institution in US higher education to do so as colleges contend with federal funding pressures https://t.co/S78hV5zcEd ...

Market Demand for BTC Exposure - Money market funds, short-term T-bills, commercial paper, and USD bank accounts show the highest demand for BTC exposure [1] - These are short duration capital sources with low/no lockup, yield-starved in real terms for decades [1] - The total addressable market (TAM) is $329 trillion [1] Investment Preference - Offerings with the shortest effective duration appear to have had the largest initial IPO, indicating a preference for shorter-term investments [1]