Group 1: U.S. Treasury Yields and Employment Data - U.S. Treasury yields increased on March 4 as investors evaluated the impact of the U.S.-Iran war on global markets [1] - The ADP national employment report indicated a rise of 63,000 private jobs in February, marking the largest gain since July 2025 [1] - Upcoming data releases on March 6 will include non-farm payrolls, unemployment, and retail sales [1] Group 2: Treasury Yields Overview - Short-term Treasury yields did not experience an increase [2] - The 10-year Treasury yield rose by 2 basis points to 4.079%, while the 2-year yield increased by 1 basis point to 3.514% [7] - The 1-year Treasury yield saw a minor rise of 0.005% to 3.559%, with the 6-month, 3-month, and 1-month yields remaining unchanged [7] Group 3: Stablecoins and Treasury Bills - Stablecoins are significant purchasers of Treasury bills, aiming to maintain value stability by being pegged to fiat currencies like the U.S. dollar [4] - The T-bill holdings of USD-pegged stablecoins reached $153 billion in December 2025, surpassing those of several leading countries [6] - The GENIUS Act mandates stablecoin issuers to back their digital currencies with high-quality liquid assets, primarily T-bills [5]

RT nic carter (@nic_carter)huge release today. OCC approves five national trust charters. two de novo (Ripple and First National) and three conversions from state charters (Fidelity, BitGo, Paxos).Note that Trusts don't take deposits or make loans like commercial banks, but they can do qualified custody, execute trades as agents, payments, stablecoin reserves, much more.https://t.co/wx2TsSl0BE ...